What's the firm's contribution margin?

a. $15
b. $18
c. $3
d. $4


c

Economics

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Refer to the above figure. The equilibrium price and quantity are

A) $2 and 12 units. B) $6 and 9 units. C) $8 and 6 units. D) $10 and 1 unit.

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Structural unemployment occurs when unemployed workers move between jobs

a. True b. False Indicate whether the statement is true or false

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Which of the following firms is the closest to being a perfectly competitive firm?

a. a hot dog vendor in New York b. Microsoft Corporation c. Ford Motor Company d. the campus bookstore

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When the IMF provides loans to developing countries, it often requires these countries to adopt:

A. a contractionary fiscal policy and an expansionary monetary policy. B. contractionary monetary and fiscal policies. C. expansionary monetary and fiscal policies. D. a contractionary monetary policy and an expansionary fiscal policy.

Economics