Multiple Choice
Your cellular phone contract is due for renewal and the company offers you a new free phone.Since you want to use your new phone,you decide to recycle your old phone.Your action
A) Creates wealth by moving the phone from lower value use to higher value use
B) Destroys wealth since you lose your phone
C) Creates wealth by making you feel richer
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q19: Which of the following describes a firm?<br>A)Purchases
Q20: A consumer values a house at $525,000
Q21: The illegality of organ sales from willing
Q22: A creative entrepreneur is one who knows
Q23: A consumer values a car at $30,000
Q25: Government can intervene in the market through<br>A)Price
Q26: Government can<br>A)Create wealth by not interfering in
Q27: Government intervention<br>A)can provide incentives to conduct business
Q28: A consumer values a house at $525,000
Q29: A buyer values a house at $525,000