Refer to the above figure. The figure represents the consumption function for a consumer. Point A represents
A) positive saving. B) negative consumption.
C) autonomous consumption. D) zero saving.
C
Economics
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In a competitive market economy, a resource in short supply will be allocated
a. so that each firm gets enough to keep producing some portion of its output. b. according to how much each firm purchased before the shortage. c. to those firms that can make the most profitable use of it. d. by government regulation.
Economics
The method of data collection in which the population is divided into nonoverlapping, exhaustive groups is called _____.
A. random sampling B. stratified sampling C. endogenous sampling D. exogenous sampling
Economics