Statistics show that China will soon overtake the United States in terms of per capita GDP

a. True
b. False

B

Economics

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When the government converted the highway from 4 lanes into 6 lanes, they claimed the capacity had increased by 50 percent

When the government switched the highway back from 6 lanes to 4 lanes, they claimed the capacity had been decreased by 33 percent. Had the government used the midpoint method, the percentage increase would have been ________ percent and the percentage decrease would have been ________ percent. A) 50; 50 B) 33; 33 C) 33; 50 D) 40; 40

Economics

A national taco chain offers in-house customers free refills on drinks. It is clearly

A) attempting to increase its total profit. B) generating a negative externality. C) generating a positive externality. D) engaging in predatory pricing. E) doing none of the above.

Economics