The relationship between the quantity of inputs and the quantity of outputs is called:
A. an input-output function.
B. a production function.
C. a cost function.
D. a resource function.
B. a production function.
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Commodities that last less than three years and may be consumed very quickly are called:
A) durable goods B) nondurable goods C) services D) none of the above
Total costs in the table are:Control variableTotal BenefitsTotal CostsNet BenefitsMarginal BenefitMarginal CostMarginal Net BenefitQB(Q)C(Q)N(Q)MB(Q)MC(Q)MNB(Q)0000---190010080090010080021,700300C80020060032,4006001,800700E4004A1,0002,00060040020053,5001,5002,000500500F63,9002,1001,800D600-20074,2002,8001,400300700-40084,400B800200800-60094,5004,5000100900-800104,5005,500-1,00001,000-1,000
A. decreasing at a constant rate. B. increasing at an increasing rate. C. increasing at a constant rate. D. decreasing at a decreasing rate.
The purpose of the government's safety net for banks is to do each of the following, except:
A. eliminate all risk that investors face. B. stop bank panics. C. improve the efficiency of the economy. D. protect the integrity of the financial system.
Explain how a reservoir can serve as an analogy for thinking about a nation’s capital stock, investment, and depreciation
What will be an ideal response?