Which of the following businesses could easily exit a market?

a. a diamond mine
b. a hot dog restaurant
c. an oil refinery
d. a breakfast cereal company

Ans: b. a hot dog restaurant

Economics

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The logical (and sometimes illogical) shortcuts that people derive from experience which economize on their mental capabilities are called:

a. irrationalities. b. heuristics. c. statistical errors. d. probabilities.

Economics

The September 11 attacks no doubt worsened the slowdown that had already begun earlier in mid-2000

a. True b. False

Economics