Multiple Choice
In baseball,when one manager decides to send in a pinch hitter,the other manager often changes pitchers.This sometimes causes the first manager to send in a new pinch hitter.Once both managers decide that no more player substitutions will benefit their team,the situation has reached:
A) efficiency.
B) equilibrium.
C) equity.
D) the market.
Correct Answer:

Verified
Correct Answer:
Verified
Q137: A central and fundamental theme in economics
Q138: Economists define an efficient use of resources
Q139: Gains from trade exist for:<br>A)individuals only.<br>B)states only.<br>C)countries
Q140: For a student who owns his or
Q141: The basic concern of microeconomics is to:<br>A)keep
Q143: The BEST example of making a choice
Q144: A popular train station has free parking
Q145: Market failure occurs when the pursuit of
Q146: If Allison drives to a large city
Q147: Specialization and trade usually lead to:<br>A)lower economic