You are a salesperson in a retail store of your choice. Briefly describe the store’s merchandise and its typical
customer. Next, name and briefly describe the three approach methods described in the chapter. Then give an
example of each approach method, explaining how you would use the method in the store.

Which of the following is a problem for the production of public goods?

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak