The income of managers is often ____ diversified compared to the income of stockholders

The above figure shows the U.S. market for wheat. With no international trade, the price of wheat in the United States is ________ per ton. With international trade, the price of wheat in the United States is ________ per ton

A) $700; $300 B) $500; $700 C) $500; $300 D) $14; $16 E) $16; $14

All of the following are assumptions of both market and public-sector decision making EXCEPT

A) Decisions are based on majority rule. B) Decisions are motivated by individuals' self-interest. C) Opportunity costs exist in decisions. D) Choices reflect incentives faced by decision makers.