A. decision makers do not take them into account
B. all firms are perfectly competitive
C. the externalities are negative
D. all firms are monopolistic
A. The marginal product fall as more units of a variable factor are added to a fixed factor
B. Marginal utility falls as more unity of a product are consumed
C. The total product falls as more units of a variable factor are added to a fixed factor
D. The marginal product increases as more units of a variable factor are added to a fixed factor
A. monopolistic competition
B. Competitively monopolistic
C. Duopoly
D. Oligopoly
A. Geographic
B. Demographic
C. Psychographic
D. Behavioral
A. private sector imports and exports
B. economic policy
C. the duration of compulsory education
D. labor supply changes
A. Paying above the competitive equilibrium wage tends to cause workers to shirk their responsibilities
B. Firms do not have a choice about whether they pay efficiency wages or not because these wages are determined by law
C. Paying the lowest possible wage is always the most efficient (Profitable)
D. Paying above the competitive equilibrium wage may improve worker health lower worker turnover improve worker quality and increase worker effort
A. Lead to freer market
B. Lead to a more efficient marketplace
C. Both of them
D. None of them