When a consumer is maximizing total utility,he or she cannot increase total utility by reallocating expenditures among different products.

Quantitative and qualitative analyses can provide information that complement one another.

The larger the Herfindahl index, the

A) less the degree of import competition in an industry.
B) greater the degree of import competition in an industry.
C) less the degree of market power in an industry.
D) greater the degree of market power in an industry.

The babble effect is the tendency to make simple ideas too complicated.

Issuance of bond payable

A) Operating activities
B) Financing activities
C) Investing activities
D) Schedule of noncash financing and investing

The slope of the production possibilities frontier is:

A) positive.
B) negative.
C) zero.
D) undefined.