The equation TR/Q is used to compute
A. marginal revenue.
B. demand.
C. total cost.
D. average revenue.
Answer: D
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The table above gives the labor market for a small foreign economy. Equilibrium in the labor market occurs at a real wage rate of
A) $7.15 per hour. B) $8.50 per hour. C) $9.00 per hour. D) $7.65 per hour. E) $8.00 per hour.
If a country has a capital and financial account deficit, that country's stock of international indebtedness is
A) increasing. B) decreasing. C) constant. D) zero.
Debt service is the percent of:
A. GDP that is owed in debt. B. disposable income consumers have to pay for their debts. C. the total value of household debt that banks pay to create the loans. D. the total value of household debt that consumers pay in interest.
Stock in a German corporation can be purchased directly with currency from any other country
a. True b. False Indicate whether the statement is true or false