This topic contains a solution. Click here to go to the answer

Author Question: Globalization has given U.S. consumers a wider variety of gourmet food products from which to choose ... (Read 139 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
Globalization has given U.S. consumers a wider variety of gourmet food products from which to choose and has lowered the prices of these products in general.
 
  This, in turn, has encouraged consumers to buy more gourmet food items, which has ________ the amount of cooperative surplus for the buyers and sellers of gourmet food products. A) increased
  B) decreased
  C) not changed
  D) reduced to zero

Question 2

When your professor asks a question that everyone in the class knows the answer to, yet no one raises his or her hand to answer the question, this is an example of what economists call
 
  A) flying under the radar.
  B) shirking responsibility.
  C) the volunteer's dilemma.
  D) a game of chicken.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pikon

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

A

Answer to Question 2

C




lbcchick

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Wow, this really help


LVPMS

  • Member
  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library