Which of the following countries has a long history of foreign trade and a high level of trade?
a. Brazil
b. India
c. Sweden
d. United States
c. Sweden
Economics
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In the above table, what is the maximum price that consumers are willing to pay for the 200th brownie?
A) 0 B) 20¢ C) 60¢ D) 80¢
Economics
A firm that controls both the upstream as well as the downstream stages of production is said to be:
a. functionally integrated. b. perpendicularly integrated. c. vertically integrated. d. horizontally integrated.
Economics
Ashley recently got a 15 percent raise. She now purchases 7.5 percent more coffee. Ashley's income elasticity for coffee is
a. 0.5. b. 0.75. c. 1.5 d. 2.
Economics
An automatic increase in a wage rate found in some contracts is known as a
A. charge for living amendment. B. cost of labor arrangement. C. change of labor agreement. D. cost of living adjustment.
Economics