Refer to the above table. If the price of the good produced is $5, the marginal revenue product of the 5th worker is
A. $100.
B. $3350.
C. $500.
D. $670.
Answer: C
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Funds are channeled from savers to borrowers directly through ________ and indirectly through ________
A) financial markets; financial intermediaries B) financial intermediaries; financial markets C) main banks; branches D) brokers;' agents
The most commonly used negative incentive used by firms is:
A. temporary layoffs. B. dismissal. C. verbal reprimands. D. unpaid suspensions.
If firms in a monopolistically competitive industry are incurring losses, in the long run
A. firms will leave this industry until the firms that remain are earning a positive economic profit. B. firms will leave this industry until the remaining firms are earning a normal profit. C. the government will subsidize the losses incurred by these firms so as to maintain competition in the industry. D. investment in this industry will increase to reduce production costs.
Suppose a tax on buyers has been imposed in the graph shown. The amount of deadweight loss generated by this tax is:
A. $0. B. $72. C. $36. D. $18.