Children who refuse to eat Brussels sprouts at dinner are making the statement that the marginal utility of Brussels sprouts is
1. zero.
2. negative.
3. positive, but decreasing.
4. less than the total utility.
It is common for many students at Informed University to engage in ticket scalping before IU football games. This suggests that
1. IU's athletic department is setting ticket prices below the equilibrium level.
2. IU's athletic department is setting ticket prices above the equilibrium...