Which of the following games involving the roll of a single die is a fair bet?
A) Bet $1 and receive $1 if 3 or 4 comes up.
B) Bet $1 and receive $1 if 3, 4, or 5 comes up.
C) Bet $1 and receive $4 if 6 comes up.
D) None of the bets is a fair bet.
B
Economics
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Supply curves usually slope upward because producers face increasing opportunity costs when increasing output
a. True b. False
Economics
Answer the following questions true (T) or false (F)
1. An increase in exports decreases aggregate demand. 2. An increase in disposable income will shift the aggregate demand curve to the right. 3. An increase in the price level causes a movement down the aggregate demand curve.
Economics