Hasan’s coworker brings in tacos at the same time as Hasan’s manager brings in pizza. The marginal utility of the first taco for Hasan is 6 utils. How many slices of pizza will Hasan eat before he switches to eating tacos?
a. 1
b. 2
c. 3
d. 4
c. 3
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Which of the following ideas exemplifies the Industrial Revolution? a. Machines increase productivity
b. Artisans produce the highest-quality products. c. Communication is critical to business success. d. Outsourcing in production reduces the overhead expenses of a business.
In the economy of Talikastan in 2015, consumption was $5300, GDP was $8800, government purchases were $1800, imports were $600, and investment was $2000 . What were Talikastan's exports in 2015?
a. -$900 b. -$600 c. $200 d. $300
Stocks and bonds
a. and checking accounts are all stores of value and commonly function as mediums of exchange. b. and checking accounts are all stores of value, but only stocks and bonds commonly function as mediums of exchange. c. and checking accounts are all stores of value, but only checking accounts commonly function as mediums of exchange. d. and checking accounts all commonly function as mediums of exchange, but only stocks and bonds are a store of value.
In the simple circular flow model,
What will be an ideal response?