Auctions can be differentiated on the basis of ________
A) the number of buyers
B) the number of sellers
C) the way in which people place their bids
D) the degree of competition among buyers
C
Economics
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If an individual discounts delayed utils with a weight of 1/4, the present value of 90 utils to be received after a year is:
A) 17.25 utils. B) 22.5 utils. C) 90 utils. D) 460 utils.
Economics
GDP can increase from one year to the next by:
A) increases in prices while quantities of goods and services are constant. B) increases in the quantities of goods and services produced while prices remain constant. C) both prices and quantities of goods and services increase. D) all of the above.
Economics