A. building more retail outlets
B. encouraging risk-taking
C. encouraging innovation
D. encouraging R & D
A. low inequality
B. maximum inequality
C. 10/10 000% inequality
D. 1% inequality
A. An increase in the minimum wage
B. An increase in the expected inflation
C. An increase in the price of foreign oil
D. An increase in the aggregate demand
A. the benefit that accrues to the buyer in a market
B. the cost that accrues to the seller in a market
C. none of these answers
D. the compensation paid to a firm’s external consultants.
E. The uncompensated impact of one person’s actions on the well-being of a bystander
A. Saving = Rs 300 investment = Rs 300
B. Saving = Rs 200 investment = Rs 100
C. Saving = Rs 100 investment = Rs 200
D. Saving = Rs 0 investment = Rs 0
A. marginal cost is set equal to marginal revenue
B. price is less than marginal cost
C. marginal consumer benefit is less than marginal revenue
D. there is too little output at too high a cost
A. Price decreases
B. The price of a substitute falls
C. The price of a complement rises
D. income falls