Which of the following is NOT a source of bias in the CPI? i. quality change bias ii. new goods bias iii. quantity change bias

The marginal cost of educating a student is $30,000, and this cost is independent of the number of students. The figure above shows the marginal private benefit that a student receives from education

If schools are competitive, how many students are enrolled? A) zero B) 20,000 C) 50,000 D) It depends on the demand.

Refer to the information provided in Table 14.5 below to answer the question that follows. Table 14.5B's Strategy ?AdvertiseDon't Advertise??A's profit $200 millionA's profit $400 million?AdvertiseB's profit $200 millionB's profit $100 millionA's Strategy????Don'tA's profit $100 millionA's profit $150 million?AdvertiseB's profit $400 millionB's profit $150 millionRefer to Table 14.5. What is the Nash equilibrium in the game?

A. (Advertise, Don't Advertise) B. (Advertise, Advertise) C. (Don't Advertise, Don't Advertise) D. (Don't Advertise, Advertise)