Which line might represent an aggregate demand curve?
Refer to the graph above.
A. 1
B. 2
C. 3
D. 4
A. 1
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Why is the manager of a company typically not the same person as an entrepreneur?
What will be an ideal response?
The marginal cost of an airline ticket is the total cost of flying the plane divided by the number of passengers
a. True b. False Indicate whether the statement is true or false
As a percentage of GDP, exports are greater than imports for which of the following countries?
A) the United Kingdom B) France C) the United States D) China
Pierre can produce either a combination of 20 bow ties and 30 neckties or a combination of 35 bow ties and 15 neckties. If he now produces 35 bow ties and 15 neckties, what is the opportunity cost of producing an additional 15 neckties?
A) 2 bow ties B) 15 bow ties C) 20 bow ties D) 35 bow ties