What most accurately describes imperialism between 1870 and 1917?
a. The US was the leading imperialist nation in the late 19th century.
b. The US was primarily concerned about expanding freedom in relatively poor nations in Africa.
c. The "Roosevelt Corollary" and the Monroe Doctrine were the primary documents that outline the US foreign policy.
d. European nations like England and France oriented their annexation efforts toward Latin America.
c. The "Roosevelt Corollary" and the Monroe Doctrine were the primary documents that outline the US foreign policy.
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As an investor, would you agree to the statement “put all your eggs in one basket?” Substantiate your answer.
What will be an ideal response?
At a perfectly competitive firm's short-run equilibrium level of output,
a. P = MR = MC. b. P = MR, but MR does not equal MC. c. P = MC, but MR does not equal MC. d. MR = MC and P < MR.
Melanie and Oli are competing Pacific halibut fishers. Both have been allocated ITQs that limit their catch to 1,000 tons of Pacific halibut each. Melanie's cost per ton is $20; Oli's cost per ton is $28. Refer to the information given. If the
market price of Pacific halibut is $40 per ton, and Melanie and Oli both catch their quota, their combined profit will be: A. $12,000. B. $22,000. C. $25,000. D. $32,000.
The minimum wage is a
A. price ceiling. B. cost ceiling. C. positive externality. D. price floor.