How much is the APS when disposable income is $1200 billion?
0/1200 = 0
You might also like to view...
Refer to Figure 6.1. At which point on the total product curve is the average product of labor the highest?
A) point A. B) point B. C) point C. D) point D. E) none of the above
Table 10-1 Q (in units) AFC (in dollars) AVC (in dollars) MC (in dollars) 0 C C C 2 2.5 18 10 4 1.25 14 14 6 0.83 18 42 8 0.63 30 94 10 0.5 50 170 In Table 10-1 are the short-run cost schedules of a perfectly competitive firm. Below what price would the firm choose to shut down?
A. $50 B. $20 C. $18 D. $14
The _______________ theory of learning proposes that human behavior is the result of the arrangement of particular stimuli in the environment.
a. Humanism. b Behaviorism. c. Cognitivism. d. Constructivism.
Which of the following productive resources is considered 'fundamentally different' from other resources with respect to supply and diminishing returns?
A. technology. B. land. C. labor. D. physical capital.