The above table has the total revenue and total cost schedule for Omar, a perfectly competitive grower of rutabagas. When Omar maximizes his profit, Omar's profit equals
A) $80.
B) $11.
C) $30.
D) $16.
E) $105.
D
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Immigrants made up approximately what percent of the labor force in the U.S. in 2007?
A. 5% B. 25% C. 16% D. 33%
Private car alarm systems with red blinking lights would tend to:
A. redistribute the likelihood of a car theft from those car owners with such a device to those car owners without such a device. B. increase the likelihood of car thefts to all car owners. C. decrease the likelihood of car thefts to all car owners. D. offer a positive externality to those car owners who did not pay for the device.
Alan Garcia
A) in his first Presidency in Peru, followed free market economic policies. B) nationalized the property of the financial services sector during his first Presidency. C) was never freely elected in Peru and ruled with the support of the military. D) maintained balanced budgets and helped Peru avoid the economic problems most Latin American nations were experiencing in the 1980s.
According to the text, over 40 percent of member nations of the International Monetary Fund have
A. a managed floating exchange rate. B. an independently floating exchange rate. C. a fixed exchange rate. D. no separate legal currency.