Two years ago Darryl put $3,000 into an account paying 3 percent interest. How much does he have in the account today?
a. $3,180.00
b. $3,182.70
c. $3,183.62
d. None of the above are correct to the nearest cent.
b
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Assume that price is greater than average variable cost. If a perfectly competitive firm is producing at an output where price is $114 and the marginal cost is $102, then the firm is probably producing more than its profit-maximizing quantity
Indicate whether the statement is true or false
A Purchasing Manager's Index below 50 indicates
A) a declining retail sector. B) a downturn in economic activity. C) an increase in bond prices in the near future. D) a declining manufacturing sector.
One measure that would compensate the sending country for its public investments in emigrants could be a(n)
A. tax on sending-country affiliates of foreign multinational enterprises. B. subsidy to sending-country product imports. C. brain-drain tax. D. tax on sending-country product exports.
Refer to the information in Figure 16.5 below to answer the question(s) that follow.
?Figure 16.5Figure 16.5 shows the marginal benefits of emitting pollution for the only two chemical companies in an industry, Alpha Chemicals and Beta Chemicals. Before any tax on pollution emissions is imposed, each company views pollution as being free.Refer to Figure 16.5. Suppose that instead of a tax, the government uses standards to achieve the emission reductions, requiring that each company cut its original emissions in half rather than allowing each company to choose emissions based on their costs. Compared to the situation under the tax, Alpha's emissions would
________ and Beta's emissions would ________. A. decrease by 50 tons; decrease by 50 tons B. increase by 25 tons; decrease by 25 tons C. decrease by 25 tons; increase by 25 tons D. increase by 50 tons; decrease by 50 tons