Sugar and cotton helped fuel the development of a capitalist world economy
Indicate whether the statement is true or false.
Answer: True
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Homo heidelbergensis has not been found in Asia: Homo erectus continued to survive there until replaced by Homo sapiens
Indicate whether the statement is true or false
Which of the following is an example of a perfectly competitive market?
A) the market for minivans B) the market for lipstick C) the market for cucumbers D) the market for women's running shoes
Which of the following correctly characterizes relations between children and their divorced fathers in the United States?
a. In most cases, divorced fathers take an active role in raising their children. b. Almost half of the children of divorced parents have not seen their biological father for more than a year. c. Shared custody is common in the United States and most children see their biological fathers at least once a month. d. At least half of all children of divorced parents have legally severed relations with one of their parents, usually the father. e. Since divorced, non-custodial fathers tend to be permissive, their children's relationships with them tend to be warmer than those children's relations with their mothers.
If the wage rate paid to a flour mill worker is $75 and the marginal product of a mill worker is 50 pounds of flour, this means that for each additional dollar spent on labor, there is a gain of ________ pounds of flour.
A) 3 B) 0.33 C) 1.5 D) 0.67