How many people make up a good size problem-solving team?

A) 1-2
B) 2-4
C) 4-5
D) 5-7
E) 8-10

Equity theory is mainly concerned with distributive fairness rather than procedural fairness.

The cost of goods manufactured for March was:

A) $81,800.
B) $75,550.
C) $67,300.
D) $67,250.

Total surplus in a market is the number of extra consumers and producers that are not needed for the market to come to an equilibrium price and quantity.

A person with a diminishing marginal utility of income:

A) will be risk averse.
B) will be risk neutral.
C) will be risk loving.
D) cannot decide without more information