At the point where C line crosses the 45-degree line, saving is
A. positive.
B. negative.
C. zero.
D. there is not enough information to know this.
C. zero.
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Refer to Figure 2-6. If the economy is currently producing at point D, what is the opportunity cost of moving to point B?
A) 8 thousand wrenches B) 30 thousand wrenches C) 23 thousand hammers D) 0 hammers
Of the different types of businesses, a corporation has the ________ government rules and the ________ government regulations affecting it
A) most; most B) least; most C) least; least D) most; least
Explain how relatively high wages in the modern sector, as compared to the traditional sector, can lead to a coordination failure
What will be an ideal response?
Monopolistically competitive firms sell differentiated products.
Answer the following statement true (T) or false (F)