Our team leader outlined the objectives of our new project and identified our expected outcomes.Our leader was using which characteristic of team excellence?

A) clear, elevating goal
B) clear norms of conduct
C) collaborative climate
D) principled leadership

If you are willing to purchase a house for $300,000 and you purchase the house for $275,000,this transaction will generate:​

A) ​There is no surplus created
B) $25,000 worth of seller surplus and unknown amount of buyer surplus
C) $10,000 worth of buyer surplus and $15,000 of seller surplus
D) $25,000 worth of buyer surplus and unknown amount of seller surplus

A consumer is maximizing her utility with a particular money income when

A) the total utility derived from each product consumed is the same.
B) MU a/ Pₐ = MU b/ Pᵦ = MU c/ P_c = . . . = MU n/ Pₙ .
C) MU a = MU b = MU c = . . . = MU n.
D) Pₐ = Pᵦ = P_c = . . . = Pₙ .