Development experts are less enthusiastic than they used to be about three decades ago about the positive role of DVC governments in promoting economic growth in their less-developed nations because of the

A) corruption in government.
B) availability of foreign aid.
C) need for a greater tax collection.
D) need for more public capital goods.

Suppose that Ms. Thomson is currently exhausting her money income by purchasing 10 units of A and 8 units of B at prices of $3 and $4, respectively. The marginal utility of the last units of A and B are 15 and 24, respectively. These data suggest that Ms. Thomson

A) has preferences that are at odds with the principle of diminishing marginal utility.
B) considers A and B to be complementary goods.
C) should buy more A and less B.
D) should buy more B and less A.

Interdependence always leads to conflict.

Although each personality factor represents a collection of related traits,the link between personality and specific behaviors often is most clear when we focus on a single trait rather than one of the five factors.

Long-run adjustments in purely competitive markets primarily take the form of

A) variations in the cost curves of different firms in the market.
B) entry or exit of firms in the market.
C) evolution of the market from a constant-cost to an increasing-cost industry.
D) product differentiation.

In order to be the most effective,the scope of a market definition should be fixed.