Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow. 
Figure 8.5 Refer to Figure 8.5. If six drones are produced, average variable costs are
A. $2.50.
B. $5.
C. $10.
D. $13.33.
Answer: D
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Suppose a monopolistically competitive firm sells 25 units at a price of $10. Calculate its marginal revenue per unit of output if it sells 5 more units of output when it reduced its price to $9
A) $270 B) $20 C) $4 D) $2.50
Countries that have a large number of embassies, have memberships to international organizations, and participate in UN peace missions would be categorized under _____ globalization
a. cultural b. social c. political d. economic e. ethical
The suggestion that people are "satisficers" is similar to the view that people
a. are wealth-maximizers. b. exhibit "bounded rationality." c. go to a lot of trouble to weigh costs and benefits before choosing a course of action. d. change their minds often.
Token money is money whose face value exceeds its cost of production
Indicate whether the statement is true or false