The nominal return of money is
A) 0.
B) r.
C) R.
D) i.
A
Economics
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Refer to Scenario 3 . Assume that in one day, two huts were built and 75 coconuts were gathered. What does this situation depict?
What will be an ideal response?
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For a monopoly, MC = MR < P so that MC < MU.
Answer the following statement true (T) or false (F)
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Economic rent is the portion of a resource's total earnings above its opportunity cost
Indicate whether the statement is true or false
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At a recent faculty meeting, Lorraine Waverly, president of Skywalker College, announced that enrollment is up by 12 percent over the previous semester. If enrollment the previous semester was 3,250 students, what is the student enrollment this semester?
A) 390 B) 2,860 C) 3,640 D) 4,030
Economics