Leaving a handsome tip for the waiter in full view of your dinner date is a
a. Screening mechanism
b. Signaling mechanism
c. Way to waste money
d. None of the above
b
Economics
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A demand curve
A) has an upward slope. B) has a downward slope. C) is a graph of the relationship between quantity demanded of a good and its price. D) Both answers B and C are correct. E) Both answers A and C are correct.
Economics
An inducement to take a particular action is called
A) the marginal benefit. B) the marginal cost. C) opportunity cost. D) an incentive.
Economics