Which of the following characterizes decision-making under uncertainty?
a) decision-makers must rely on probabilities in assessing outcomes.
b) the likelihood of possible future events is unknown.
c) relevant parameters have known values.
d) certain parameters have probabilistic outcomes.
e) none of the above

When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.

What happens when the government finances a job creation project through taxes and borrowing?