As market price increases, in the short run, a profit-maximizing firm in a price-taker market will expand output along its
a. marginal cost curve.
b. average total cost curve.
c. average variable cost curve.
d. market demand curve.
A
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The Head Start program
A. has been successful in fostering better levels of school attainment. B. began in 1965. C. provides preschool activities for 4 and 5 year old disadvantaged students. D. all of these answer options are correct.
In the market for Canadian dollars measured in US dollars, the demand for Canadian dollars is
a. The supply of Canadian dollars b. The demand for US Dollars c. The supply of US dollars d. None of the above
Marxists believe that poverty and income inequality arise fundamentally from
a. labor market discrimination b. unequal distribution of skills in the population c. unequal distribution of property d. too high a rate of population growth e. unequal access to education
The four factor payments are: # randomize
a. Money, capital, salaries, and income b. Wages, rent, interest and profits c. Money, power, prices and wealth d. Wages, interest, salaries and income