Suppose the extra cost for a company to advertize for one extra day each week on a local TV station is $1,500. Then, the company should advertize on that additional day if it can generate total revenue of $1,500 each week

Indicate whether the statement is true or false

FALSE

Economics

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Suppose that when the price of ice cream increases, Liza decreases her purchase of hot fudge. To Liza,

A) ice cream and hot fudge and substitutes. B) ice cream is a normal good and hot fudge is an inferior good. C) ice cream and hot fudge are normal goods. D) ice cream and hot fudge are complements.

Economics

When a country internationalizes its debt, it:

A. increases current consumption but reduces future consumption. B. increases both current and future consumption. C. reduces both current and future consumption. D. reduces current consumption but increases future consumption.

Economics