For resale price maintenance to be successful for the manufacturer, as a result of the product-specific services, the shift in the market demand must ________ the shift in the market supply.
A) be less than
B) be exactly one -half
C) be greater than
D) be equal to
C) be greater than
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If the number of employed persons in a country equals 24 million, the number of unemployed persons equals 8 million, and the number of persons over age 16 in the population equals 40 million, the unemployment rate equals: a. 8 percent
b. 20 percent. c. 25 percent. d. 32 percent.
Gross Domestic Product is a dollar measure of
a. total gross investment in an economy. b. total industrial sales in a particular time period. c. the total physical product of the economy. d. the value of all final goods and services produced in one time period.
Marginal land can be defined as land that earns neither profits nor losses
a. True b. False Indicate whether the statement is true or false
Heckscher and Ohlin identified differences in national factor endowments as the root of ______.
Fill in the blank(s) with the appropriate word(s).