In the above figure, the most efficient way to produce 15 units is to hire
A) 2 workers.
B) 3 workers.
C) 4 workers.
D) 5 workers.
C
Economics
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Individuals tend to trade because
A) they place different values on their property. B) they expect to gain more than they give u
Economics
The stock market provides two functions for corporate financing: reducing investors’ risk and setting the prices of stocks.
Answer the following statement true (T) or false (F)
Economics
Education and training are examples of investment in human capital.
Answer the following statement true (T) or false (F)
Economics
Exhibit 5-1 Demand curve
?
In Exhibit 5-1, between points a and b, the price elasticity of demand is:
A. 0.67. B. 1.5. C. 2.0. D. 1.0.
Economics