When the Artistic Headwear Company in Bangor, Maine, protecting itself from inadequate supplies, decides to increase its raw material inventories, this decision is included in
a. saving
b. dissaving
c. transitory investment
d. inventory investment
e. autonomous investment
D
Economics
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Suppose Dave drives more recklessly when he has car insurance than when he does not have car insurance. This is an example of the moral hazard problem associated with insurance
a. True b. False Indicate whether the statement is true or false
Economics
Resources are efficiently allocated when production occurs where:
A. marginal cost equals average variable cost. B. price is equal to average revenue. C. price is equal to marginal cost. D. price is equal to average variable cost.
Economics