The table above shows some of the costs for a perfectly competitive firm. If the price is $160 per unit, how many units of output will the firm produce?
A) 8
B) 9
C) 10
D) more than 10
A
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Which of the following is NOT a common characteristic of a developing country?
A) extensive direct government control of the economy B) history of low inflation C) many weak credit institutions D) "pegged" exchange rates E) Agricultural commodities make up a large share of its exports.
The factor accounting for the steepest rise in the currency ratio since 1892 is
A) taxes. B) bank panics. C) illegal activity. D) an increase in wealth.
If a coupon bond has a "face value" of $1000, it means that
A) the original purchaser paid $1000 for it. B) each purchaser must pay $1000 for it. C) it was purchased for at least $1000 and perhaps more. D) the holder will be paid $1000 when the bond matures. E) the holder will be paid $1000 plus accumulated interest when the bond matures.
A policy can be defined as a _____________ action course that serves as a guide for the identified and accepted objectives and goals
a. predefined b. flexible c. necessary d. unkown