Author Question: Someone who turns down an opportunity to purchase a Bible for 5 and then immediately pays 5 to ... (Read 63 times)

tuffie · **on:** Jun 29, 2018

Someone who turns down an opportunity to purchase a Bible for 5 and then immediately pays 5 to attend a movie thereby expects to obtain more satisfaction from seeing the movie than from

A) cultivating the spiritual life.
B) deepening his religious faith.
C) owning the Bible just offered to him.
D) reading the Bible.

Question 2

A quota is a

A) quantitative restriction on an import imposed by the importing country.
B) quantitative restriction on an import imposed by the exporting country.
C) restriction on how much a customer can buy of a scarce good imposed by the seller.
D) tax that is imposed on a good when it crosses an international boundary.
E) trade barrier that does not harm domestic consumers of the good or service.