Do some research to find out why so many teenagers are in debt. Write a few sentences to explain why this is so and why other teens should take extra caution when applying for their first credit card.

What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? explain why, if this rule does not hold, the choice cannot be utility-maximizing.

Does increased security engender feelings of increased safety or does it increase the fears that people have?

Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. in an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete instead of cooperating. consider the following scenario: suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising prices on their new lines of hybrid suvs. this illegal communication would violate which of the following laws? the sherman antitrust act of 1890 the robinson–patman act of 1936 the celler–kefauver act of 1950 the clayton act of 1914