Technical progress will:
a. shift a firm's production function and its related cost curves.
b. not affect the production function, but may shift cost curves.
c. shift a firm's production function and alter its marginal revenue curve.
d. shift a firm's production function and cause more capital (and less labor) to be hired.
a
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What additional complexities arise when multinational corporations consider capital projects on a global basis?
What will be an ideal response?
Which of the following statements is TRUE?
A) There is a direct relationship between investment and the interest rate. B) There is an inverse relationship between investment and the interest rate. C) There is no relationship between investment and the interest rate. D) Investment is always less than savings.
Before 2008, money market mutual funds and hedge funds had been out of Fed's scope and control because they did not rely on customer deposits
a. True b. False Indicate whether the statement is true or false
If Howard takes out a $400 loan for one year at 5 percent interest annually, he will pay back a total of:
A. $400. B. $440. C. $420. D. $20.