Which of the following is NOT an example of investment in human capital?
A. a business student's internship
B. A mechanic attends a training workshop on a new type of engine.
C. Johnny learns how to read.
D. a mobile device for work
Answer: D
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A) positive B) negative C) pecuniary D) absolute
The equilibrium in the prisoner's dilemma is a dominant strategy Nash equilibrium
Indicate whether the statement is true or false
Suppose the demand function for a good is expressed as Q = 100 - 4p. If the good currently sells for $10, then the price elasticity of demand equals
A) -1.5. B) -0.67. C) -4. D) -2.5.
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