The name of Andrew Carnegie is most closely associated with
A. the steel industry.
B. the rubber industry.
C. the meatpacking industry.
D. the chemical industry.
A. the steel industry.
You might also like to view...
The law of diminishing marginal product provides an explanation for why average total cost eventually increases as output is expanded in the short run
a. True b. False Indicate whether the statement is true or false
Using Figure 2 above, suppose that the economy started at PAE2. A potential change that could cause the economy to go from PAE2 to PAE3 might be:
A. taxes increase. B. interest rates increase. C. wealth level increases. D. domestic income increases.
In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:
A. higher prices. B. lower prices. C. lower output. D. None of these is true.
Why might a young, healthy person choose not to buy health insurance?
What will be an ideal response?