Using the above figure and the Pareto criteria to determine the public interest, would a move from point A to point C be in the public interest?
a. yes
b. no
c. possible, depending upon other factors
d. cannot say using the Pareto criteria
d
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Which of the following is true regarding bonds? a. Other things equal, bondholders have greater financial security than stockholders. b. The possibility of a bond's value increasing greatly is limited compared to stocks. c. The legal obligation to bondholders is of higher priority than that of stockholders. d. Higher market interest rates represent a risk to bondholders
e. all of the above
The amount of money paid to workers as wages is an example of fixed costs
a. True b. False Indicate whether the statement is true or false
The marginal factor cost is the
A) additional revenue obtained from a one-unit change in labor input. B) additional revenue obtained from a one-unit change in output. C) change in output resulting from the addition of one more worker. D) cost of using an additional unit of an input.
As firms ________ a monopolistically competitive industry the demand and marginal revenue curves facing each firm begin to shift to the ________.
A. enter; right B. exit; left C. exit; right D. expand in; right