Refer to the information provided in Figure 8.8 below to answer the question(s) that follow.
Figure 8.8 Refer to Figure 8.8. This farmer's profit-maximizing level of output is ________ units of output.
A. 200
B. 700
C. 1,000
D. 1,400
Answer: C
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For a nation's real GDP per capita to rise during a year,
A. population must increase more rapidly than real GDP. B. real GDP must increase more rapidly than population. C. investment spending must increase. D. consumption spending must increase.
Cost effective technologies to reduce pollution are most likely to result from
A) marketable pollution permits. B) pollution charges. C) taxes. D) pollution limits. E) quotas.
The forecasting technique, which predicts technological trends and is carried out by a sequential series of written questions and answers is
A) the Delphi method. B) the market research method. C) opinion polling. D) the jury of executive opinion approach.
If a person is taxed $100 on an income of $1,000 . taxed $200 on an income of $2,000 . and taxed $300 on an income of $3,000 . this person is paying a(n):
a. progressive tax. b. poll tax. c. regressive tax. d. excise tax. e. proportional tax.