Refer to the above table. What does the marginal revenue product equal when 28 workers are hired a week?
A) $1040
B) $900
C) $210
D) $7.50
B
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With rent controls set below the equilibrium rent, what mechanism might arise that moves the market closer to the efficient equilibrium?
A) decreased search costs B) black market activity C) increased advertising by landlords D) more favorable leases offered to tenants
Which of the following is NOT an assumption regarding people's preferences in the theory of consumer behavior?
A) Preferences are complete. B) Preferences are transitive. C) Consumers prefer more of a good to less. D) All of the above are basic assumptions about consumer preferences.
Which of the following is not an exogenous cause of business cycles # randomize
A. Wars B. Elections C. Discovery of new resour D. Change in business confidence E. Geopolitics
Kaiser-Permanente, the nation's largest health maintenance organization, was founded:
a. as a network-model HMO. b. as a group-model HMO. c. to provide access to medical care to Kaiser workers in remote locations where medical services were in short supply. d. to provide cost-effective medical care to Kaiser employees. e. to slow the rate of growth in medical spending for Kaiser employees.