Which of the following is NOT an organizational theory?

Net social benefits are maximized when:

A) marginal benefits equal marginal costs. B) marginal benefits are greater than marginal costs. C) marginal benefits are less than marginal costs. D) total benefits are equal to total costs. E) average benefits are marginal benefits are equal.

One response to increased oil prices, which reflects long-run elasticity and not short-run elasticity, is

a. gasoline rationing b. fewer joy rides c. shorter family vacations d. smaller cars e. less winter heat