Refer to the table below. Pat's opportunity cost of delivering a pizza is making: Pizzas MadePer HourPizzasDeliveredPer HourCorey126Pat1015
A. 12 pizzas
B. 2/3 of a pizza
C. 3/2 of a pizza
D. 10 pizzas
Answer: B
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Which of the following is true of a beneficial supply shock? a. It can lead to a temporary lower price level
b. It can create a recessionary gap. c. It can permanently decrease the economy's price level. d. It can shift the aggregate demand curve rightward. e. It can shift the aggregate demand curve leftward.
In most areas, there are a large number of qualified primary care physicians whose services are highly personalized. In addition to price, factors such as age, sex, location, and personality influence the choice of physician. The primary care physician market is probably: a. perfectly competitive
b. oligopolistic. c. monopolistic. d. monopolistically competitive.
The balance of payments is an accounting statement known as a:
a. trial balance. b. depreciation account. c. balance sheet. d. trade account. e. reconciliation statement.
When the U.S. government purchases capital equipment, such as a computer, these expenditures are part of investment in GDP
a. True b. False Indicate whether the statement is true or false