Refer to the table below. If A = 10, B = 30, and C = 20, which of the following is true?
A) The firm should buy more of Input 1 and less of Inputs 2 and 3.
B) The firm should buy more of Input 2 and less of Inputs 1 and 3.
C) The firm should buy more of Input 3 and less of Inputs 1 and 2.
D) The firm is minimizing costs.
B) The firm should buy more of Input 2 and less of Inputs 1 and 3.
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Refer to the table below. A $1 increase in the price of the related good will lead to a(n) ________ in the quantity demanded of your good by ________.
The demand for your product demands on three factors; the price of your good, the price of a related good, and the average income of your customers. Excel estimated the above linear demand for your product.
A) decrease; 10.24
B) increase; 10.24
C) increase; 7.46
D) decrease; 7.46
The homogenization of the world's different cultures is sometimes referred to as:
a. Google Earth b. McDonaldization c. accommodation d. WalMart-ization
Which of the following is NOT an example of postconflict reconciliation expressed among primates?
a. Submissive vocalizations b. Fear grimace c. A kiss d. An embrace
Early states arose out of competition between rival egalitarian societies.
Answer the following statement true (T) or false (F)