If Pastry Paradise takes over Sweet Tooth, at what level of production would it be indifferent between which technology is used
a. 500
b. 750
c. 250
d. 125
c
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An increase in the cost of chicken feed will reduce the supply of eggs
a. True b. False Indicate whether the statement is true or false
Which of the following would cause an increase in the exchange value of the U.S. dollar?
a. A decrease in the amount of foreign debt purchased by U.S. citizens b. An increase in U.S. exports c. Increased demand by foreigners to buy U.S. government securities d. all of the above
Assume that the interest rate on the loanable funds market is 10 percent. If rock star Joni Jackson enjoys performing so much that she would do it for free, yet earns $10 million a year, her annual wage-related rent is
a. $10 million b. $1 million c. $0 d. $100 million e. $9 million
?A process {yt} is a martingale if _____ is equal toytfor allt? 0.
A. ?E(yt+1|yt, yt-1, …, y0) B. ?E(yt+1|yt-1, …,y0) C. ?E(yt+1, yt| yt-1, …, y0) D. ?E(yt+1, yt| yt-1, yt-2)