When the price of a normal good decreases, people buy ________ of the good due to ________.
A) more; the substitution effect only
B) more; the substitution and income effects
C) less; the substitution effect only
D) less; the income effect only
Question 2
Suppose your neighbor has a beautiful garden. The benefit that she enjoys from her garden is called ________ and the benefit the rest of the neighborhood enjoys is called ________.
A) marginal private benefit; marginal external benefit
B) private cost; external cost
C) marginal social benefit; marginal external benefit
D) marginal external benefit; marginal social benefit
A normal pregnancy.
Take a good look at this woman
How People Match Their Goals to Their Means
The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Most Canadian seniors rated their health as good to excellent.
An endoscopic view of the colon of someone who carries the normal alleles for the APC gene