Refer to the figure below. Which of the following could have caused the shift in the supply curve?
A) a decrease in the price of a substitute good in production
B) an increase in the cost of producing Good R
C) an increase in the number of sellers of Good R
D) an increase in the price of Good R
B) an increase in the cost of producing Good R
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At the 50th unit of action, the marginal benefit is equal to $20 and the marginal cost is equal to $25. Which of the following is true?
A) The 50th unit of action should not be undertaken. B) The 50th unit of action should be undertaken. C) The 50th unit of action minimizes total costs. D) The 50th unit of action maximizes total gains (total profits).
Which of the following is an example of a corporation?
A) a taxi driver B) Cooper and Cooper, LLC C) the United States Post Office D) Coca-Cola
The Native American language with the largest number of home speakers is __________
a. Apache b. Navajo c. Cherokee d. Yupik
Most contemporary foragers have been pushed back by more dominant cultures and are currently found in marginal areas of the world
Indicate whether the statement is true or false