Which of the following is an example of a nonrenewable resource?
a. corn
b. oil
c. livestock
d. All of the above are correct.
b
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The New York Stock Exchange is the only place where a corporation can sell stocks and raise money.
Answer the following statement true (T) or false (F)
A high current rate of inflation ________ those who have saved and ________ those who have borrowed
A) harms, helps B) harms, has no effect on C) helps, helps D) helps, has no effect on E) helps, harms
If the company plans to produce 5000 units of output, is using the competitor's technology a good idea?
a. Yes b. No c. It does not matter, at 5000 units you are indifferent between the two technologies d. None of the above
For both a monopolist and a monopolistically competitive firm:
a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. marginal cost equals zero.