Economic growth is the result of: (check all that apply)
a. improvements in resource quality.
b. increases in the supply of resources.
c. decreases in the demand for capital goods.
d. technological advances.
a. improvements in resource quality.
b. increases in the supply of resources.
d. technological advances.
Economics
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Promotional pricing would best be categorized as a form of:
A) first-degree price discrimination. B) second-degree price discrimination. C) third-degree price discrimination. D) no price discrimination.
Economics
Which of the following will cause the marginal cost curve of making cigarettes to shift?
A) a $5 million penalty charged to each cigarette maker B) a $1 per pack tax on cigarettes C) a $1 million advertising campaign by the American Cancer Society D) All of the above.
Economics