Every time you make a __________, you incur a(n) __________
A) decision; efficient effect
B) choice; opportunity cost
C) competitive move; price
D) decision; mistake
E) none of the above
B
Economics
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From 1977-2011, the average duration of unemployment has been highest in which of the following places?
A) Canada B) Europe C) Mexico D) the United States
Economics
Which of the following examples is motivated by nonmonetary self-interest?
a. updating factory equipment to improve efficiency b. giving to the boss’s favorite charity with the hope of getting a raise c. increasing employee pay to improve motivation to make sales d. giving donations to help victims of an earthquake
Economics