Provide specific example of how you used the marginal decision-making principle to choose between two alternatives.
Provide an example of a public good
What is the current minimum wage in the U.S.?
Provide an example of cap and trade legislation.
The automobile industry operates in a(n)_____________________ market structure
Provide an example of a good with a relatively price elastic demand.
Provide an example of a good with a relatively price inelastic demand.
Provide an example of 2 goods with a negative cross price elasticity of demand.
Provide an example of government intervention in the marketplace