Refer to the below graph. Given the total product curve shown and assuming a competitive labor market, if a firm can sell widgets for $12, then what is the maximum amount it will pay the fourth worker each day?
A. $24
B. $48
C. $61
D. $732
A. $24
Economics
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Refer to the figure below. 
In the figure, which interval represents a business cycle recession?
A. A to B B. A to C C. B to C D. B to D
Economics
At an interest rate of 4 percent, what would be the present value of receiving $4,000 four years from now?
A) $3,420 B) $3,637 C) $3,704 D) $3,847
Economics
A competitive market is one:
A) that operates with little or no government control. B) where almost all exchanges take place involuntarily. C) that has price controls imposed by a ruling authority. D) where determination of equilibrium quantity need not rely on the forces of demand and supply.
Economics
The interest paid on corporate bonds is not subject to federal taxes.
Answer the following statement true (T) or false (F)
Economics