Robin owns a horse stables and riding academy and gives riding lessons for children at "pony camp.". Her business operates in a competitive industry. Robin gives riding lessons to 20 children per month. Her monthly total revenue is $4,000 . The marginal cost of pony camp is $200 per child. In order to maximize profits, Robin should
a. give riding lessons to more than 20 children per month.
b. give riding lessons to fewer than 20 children per month.
c. continue to give riding lessons to 20 children per month.
d. We do not have enough information to answer the question.
c
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The data in the table above are the U.S. balance of payments. If there is no statistical discrepancy, what is the balance in the official settlements account?
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Indicate whether the statement is true or false
Evidence shows that children from poor communities typically have:
A. increased opportunities to acquire human capital. B. reduced opportunities to acquire human capital. C. equal opportunities to acquire human capital, but choose not to acquire as much on average than others. D. equal opportunities to acquire human capital, and choose to acquire more on average than others.