Consumers have to make tradeoffs in deciding what to consume because
A) there are not enough of all goods produced.
B) the prices of goods vary.
C) not all goods give them the same amount of satisfaction.
D) they are limited by a budget constraint.
Question 2
To improve package delivery, one change UPS made involved taking better account of weather forecasts to avoid delays in flying packages. This is an example of
A) positive technological change. B) diseconomies of scale.
C) increasing marginal returns. D) a reduction in fixed costs.
This one might make you look twice
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