You currently subscribe to two magazines and are trying to decide whether you should subscribe to a third. What should determine your decision, if you are rational?
a. the total cost of the magazines compared to the total satisfaction you would receive
b. the total amount of satisfaction you would get from the magazines
c. the enjoyment you would get from the third magazine
d. the cost of the third magazine, including the time it takes to read it
e. the cost of the third magazine compared to the additional enjoyment you would get from it
E
Economics
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A firm's inventory piled up during a recession. How will its labor demand be affected when its excess inventory gets sold off eventually?
What will be an ideal response?
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Aggregate income equals:
a. total profits. b. aggregate output. c. aggregate expenditure. d. b and c. e. all of the above.
Economics