Which of the following is the most likely to be a variable factor of production at a university?
A. The size of the student union.
B. The size of the football stadium.
C. The location of the university.
D. The number of librarians.
Answer: D
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Which of the following would increase the demand for union labor?
A) increasing worker productivity B) increasing the demand for union made goods C) decreasing the demand for non-union-manufactured goods D) all of the above
A trademark is: a. a method of production kept secret by the producing firm
b. a word, name, symbol, or device indicating the source of a good that can only be used by the firm that registered it. c. a government rule that gives an inventor the exclusive legal right to make, use, or sell an invention for a limited time. d. a body of law that protects the right of inventors to produce and sell their inventions.
One popular measure to describe the relationship between the dependent variableyand each explanatory variable is the:
A. ?standardized effect. B. ?interaction effect. C. ?average partial effect. D. ?partial effect.
Describe the relationship between investment and the level of disposable income.
What will be an ideal response?