Academic book publishers hire editors, designers, and production and marketing managers who help prepare books for publication. Because these employees work on several books simultaneously, the number of people the company hires will not go up and down

with the quantity of books the company publishes during any particular year. The salaries and benefits of people in these job categories will be included in

A) fixed cost and marginal cost but not variable cost.
B) fixed cost but not variable cost and total cost.
C) marginal cost and total cost but not fixed cost.
D) fixed cost and total cost but not variable cost.


Answer: D

Economics

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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen asĀ 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward

Economics

All of the following are examples of nonpoint source pollution EXCEPT

a. urban runoff c. agricultural runoff b. sulfur emissions from power plants d. snowmelt from city streets

Economics

Poverty is found to be correlated with

a. age and race but not family composition. b. race only. c. race and family composition but not age. d. age, race, and family composition.

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Workers in the United States receive significantly higher compensation than almost all other western European nations.

Answer the following statement true (T) or false (F)

Economics