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 144 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
:D TYSM


Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library