In an ordinary election between two candidates, once both candidates have positioned themselves in the political middle, neither has an incentive to move back toward one of the extremes

Indicate whether the statement is true or false

TRUE

Economics

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A recession occurs and people's incomes decrease. Knowing that an iPad is a normal good, you predict that the demand for an iPad

A) increases. B) decreases. C) might increase or decrease. D) remains unchanged.

Economics

Comfy Clothing is thinking of hiring Tom. If hired, he can increase total production by 100 units a week. He would cost the firm $1,500 a week in wages. If the price of each unit is $20,

a. The MR of hiring the worker is $1,500 b. The MC of hiring Tom is $1,500 c. The firm should hire Tom since MR>MC d. All the above

Economics