Which of the following is a criticism of capitalism?
a. Unequal distribution of income. b. Failure to protect the environment.
c. Exploitation of workers. d. All of these.
d
You might also like to view...
Suppose the table below describes the demand for a good produced by monopolist.PriceQuantity$101$92$83$74$65$56$47Based on the data in the table, we know the firm should:
A. be able earn an economic profit. B. not produce the seventh unit. C. not produce the fifth unit. D. produce more than 7 units.
Two identical firms are considering entering a new market that currently has no suppliers. The demand is large enough for both firms to make a positive profit. There are no fixed costs to enter
Explain how a simultaneous decision to enter on the part of the two firms will lead to a different outcome than a sequential entry decision.
Which of the following actions has the best potential for experiencing economies of scope?
A) producing a product that has appeal to a wider segment of the market B) producing computers and software C) producing spaghetti and soft drinks D) producing cars and trucks
With the resources available, you can make the combinations of Ums and Umies (trinkets from a place called Bandarban) shown in the table. The opportunity cost of producing 60 Umies instead of 30 Umies is:Number of UmsNumber of Umies60040302060090
A. 20 Ums B. 40 Ums C. 30 Ums D. 10 Ums