In the open-economy macroeconomic model, the demand for dollars shifts right if at any given exchange rate
a. foreign residents want to buy more U.S. goods and services.
b. U.S. residents want to buy fewer foreign goods and services.
c. Both A and B are correct.
d. None of the above is correct.
c
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Krystal runs a nail salon and needs to decide how many hours to stay open. Table 2.2 illustrates her marginal costs of staying open for each additional hour. Suppose that we observe Krystal staying open 4 hours per day
If she is following the marginal principle, what must her marginal benefit be? A) $12 B) $18 C) $24 D) $30
How does an individual know whether or not an investment in education is worthwhile?
What will be an ideal response?
For a corporation, issuing bonds is riskier than issuing stock.
Answer the following statement true (T) or false (F)
At what level of output will average total cost increase?
a. when marginal cost is greater than average total cost b. when marginal cost is lower than average variable cost c. when marginal cost equals average variable cost d. when marginal cost equals average total cost