The efficient level of college enrollment in Inland is
A) 0.6 million students per year.
B) 0.7 million students per year.
C) 0.8 million students per year.
D) 0.5 million students per year.
C
You might also like to view...
The HeckscherOhlin model assumes that production techniques within a nation use the factors of production:
a. at different intensities depending on changing technology and which nation you are discussing. b. at different intensities for each industry, so that one is more or less intensive in that factor than the other. c. at the same intensity for each industry—for example, the ratio of capital to labor is the same for every industry in the nation. d. in no definite pattern.
Which of the following is the best example of a firm operating in a monopolistically competitive market?
A. A Kansas wheat farmer. B. TGI Fridays, a family restaurant. C. U.S. Postal Service. D. Boeing, an aircraft manufacturer
A wildfire destroyed a large amount of orange crops in California, leading to
A. a decrease in quantity supplied of oranges. B. a decrease in supply of oranges. C. a decrease in quantity demanded for oranges. D. a decrease in demand for oranges.
Refer to the information provided in Figure 32.2 below to answer the question(s) that follow.
Figure 32.2Refer to Figure 32.2. According to the new classical economists, under rational expectations an expected increase in government spending would
A. shift AD1 to the left. B. shift AD1 to the right. C. shift AS1 to the right. D. none of the above.