A firm that engages in price discrimination must be able to identify the preferences of every

You can invest $100,000 into either project A or B. You estimate that A would succeed with a probability of 0.6 in which case it doubles in value. If it fails, its scrap value is $50,000 . Project B would succeed with probability 0.7, in which case it would have a value of $150,000 . If it fails, project B's scrap value is $30,000 . Which project should you invest in

a. Project A b. Project B c. Neither of the projects d. You cannot tell from the information presented

Supporters of supply-side economics claim that ________ tax policies were quite successful in stimulating the economy because throughout most of the 1980s, federal receipts continued to rise even though tax rates had been cut.

A. Jimmy Carter's B. Gerald Ford's C. Richard Nixon's D. Ronald Reagan's