Internationally, participation differences in organ donation programs are mostly attributed to:
A. cultural views.
B. financial compensation for organ donors.
C. what default option is set for participation or nonparticipation.
D. living standards as measured by per capita GDP.
Answer: C
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Assume a company can offer customers cable television and Internet service at essentially zero marginal and average cost
The following table shows each customer's marginal willingness to pay for television, Internet services, and for a bundle containing both. If television and Internet services are sold separately, the profit maximizing prices are Television Internet Bundle Alex $100 $60 $160 Rebecca $80 $100 $180 A) television $100 and Internet services $60. B) television $80 and Internet services $100. C) television $80 and Internet services $60. D) television $100 and Internet services $100.
Refer to Figure 6.3. The situation pictured is one of
A) constant returns to scale, because the line through the origin is linear. B) decreasing returns to scale, because the isoquants are convex. C) decreasing returns to scale, because doubling inputs results in less than double the amount of output. D) increasing returns to scale, because the isoquants are convex. E) increasing returns to scale, because doubling inputs results in more than double the amount of output.