Henry Bessemer is most recognized for
a. the invention of air brakes for trains.
b. his role as an early union leader.
c. invention of a steel manufacturing process.
d. the development of refrigerated train cars.
c. invention of a steel manufacturing process.
You might also like to view...
If an increase in investment spending of $20 million results in a $200 million increase in equilibrium real GDP, then
A) the multiplier is 0.1. B) the multiplier is 1. C) the multiplier is 10. D) the multiplier is 100.
If a game has a pure strategy Nash equilibrium then
A) it might also have a mixed strategy equilibrium. B) it does not have a mixed strategy equilibrium. C) at least one player has a dominant strategy. D) no player has a dominant strategy.
Marginal analysis requires that business people who make production decisions always
a. know what average fixed costs are b. remember what has happened most recently c. remain forward looking d. continue producing e. remain optimistic
The real cost of owning a home includes certain costs/expenses that many people overlook. Which of the following is NOT such a cost/expense of home ownership?
A) Income lost on cash invested in the home B) Interest paid on borrowed capital C) Maintenance and repair expenses D) Personal property taxes