A firm engaging in efficient production, using current technology, ________ produce its current level of production with ________ inputs
A) could; fewer
B) cannot; fewer
C) cannot, more
D) cannot; different
B
You might also like to view...
As a source of bank funds, __________ has fallen by nearly two-thirds in relative importance since 1970
A) time deposits B) transactions deposits C) savings deposits D) equity
You can either invest in project A or B. Project A could have a value of $150 with a probability of 0.1 or a value of $75 with probability 0.9 . Project B could have a value of $120 with probability 0.2 or a value of $75 with a probability of 0.8 . Which project should you invest in?
a. Project A b. Project B c. Neither of the projects d. You cannot tell from the information presented
Which of the following was established first?
a. gatt b. nafta c. wto d. a and b were established at the same time
Nondiscretionary fiscal policy
A. multiplies declines in aggregate demand. B. multiplies inflationary growth of aggregate demand. C. does not require any changes in legislation. D. includes government expenditures, taxes and monetary policy.