Profit per unit is
A. TF.
B. TG.
C. SH.
D. GF.
D. GF.
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The political structure that is most consistent with economic growth and progress is
What will be an ideal response?
Which of the following is NOT an example of an explicit cost?
A. The income the owner could have earned in his or her next best employment opportunity. B. The salaries paid to the managers who help run the business. C. The overtime wages paid to workers. D. The rent the owner pays each month to lease office space.
Pa and Pb represent the prices that citizens (a) and (b), the only two people in this nation, are willing to pay for additional units of a quantity (Qc) of the public good. Qs represents the quantity of the public good supplied by government at each of the collective prices.QcPaPbQs1$4$552344324342325121Refer to the above information. If the collective willingness to pay for an additional unit of this public good is $6, then the collective quantity demanded will be:
A. 2 units and the socially optimal quantity supplied will be 4 units. B. 4 units and the socially optimal quantity supplied will be 2 units. C. 3 units and the socially optimal quantity supplied will be 3 units. D. 1 unit and the socially optimal quantity supplied will be 5 units.
Suppose that net investment in 2016 was $20 billion and depreciation was $4 billion. Gross investment in 2016 was
A. $16 billion. B. $20 billion. C. $24 billion. D. $28 billion.