Suppose Andrea is taking just two courses and is at a point on her PPF of grades for those two courses. Now this PPF shifts inward and Andrea moves to a point on the new PPF. Which of the following would be impossible after her PPF has shifted inward compared to before the PPF shifted?
What will be an ideal response?
both of her grades to rise
Economics
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Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna's total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs
When Anna has a staff of 6 workers, her average fixed cost equals A) $600. B) $2.50. C) $7.50. D) $10.00. E) $6.00.
Economics
Price elasticity of demand is measured using percentage changes. Why?
What will be an ideal response?
Economics
Which of the following are ways of promoting a firm's product
a. Advertising b. Discount coupons c. End-of-aisle displays d. All of the above
Economics
How many units of labor would you hire?
Economics