If the isoquants in an isoquant map are downward sloping but bowed away from the origin (i.e., concave to the origin), then the production technology violates the assumption of:

Price discrimination by sellers is usually observed only in situations where

A) low-price customers can easily resell to high-price customers. B) prices are set by competing monopolies. C) sellers are bigots. D) sellers can effectively identify customers by their demand for the product.

The "crowding out" effect states that government spending pushes up interest rates and reduces private investment spending

a. True b. False Indicate whether the statement is true or false