Refer to Scenario 15.2. With no other information available, it is

A) clear Furry should retool the offices.
B) clear Furry should rewire the network.
C) clear Furry should move to Southern California.
D) clear Furry should either retool the offices or rewire the network.
E) not possible to tell which payment stream is most valuable to Furry.


E

Economics

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A lower real interest rate ________ investment spending and ________ consumption spending.

A. decreases; increases B. increases; increases C. decreases; decreases D. increases; decreases

Economics

Consider two countries, Estonia and Ukraine. Estonia devotes a larger portion of its production to capital. All other things equal, which of the following statements is most likely true?

A. Ukraine is producing inside its production possibility frontier, whereas Estonia is producing at a point on its production possibility frontier. B. Estonia will move up its production possibility curve faster than Ukraine. C. Estonia's production possibility frontier will shift up and out farther and faster than Ukraine's. D. Estonia is a poorer country than Ukraine.

Economics

Suppose market demand is p = 10 - Q. Firms have a fixed entry cost of 5 and no marginal cost. If firm A is the incumbent, can it deter the entry of its rival, firm B?

What will be an ideal response?

Economics

Refer to the table below. With diminishing marginal returns, if the firm hires seven units of labor, which of the following numbers would most probably be the total product?

Assume that the only variable resource used to produce output is labor.



A. 40
B. 39
C. 38
D. 37

Economics