A giffen good is one in which the _____ curve is _____ sloped.

Accountants include ____ costs as part of a firm’s costs, while economists include ____ costs.

A change in _____ does not shift the demand curve.

The colloid osmotic pressure in the capillary is caused by __________.

Mc is a _____-shaped curve due to the law of diminishing returns.

If demand is inelastic, the tax burden falls primarily on the _____ and deadweight loss is _____.

A field of economics that incorporates insights from human psychology is called

The concept that people with different levels of income should be treated differently is called

Groups with an intense interest in particular voting issues are called

In _____ smaller percentage of taxable income is taken as taxable income increases

Rational ignorance is sufficient incentive to be informed