Consider a two-way network with 1,000 users. The number of potential connections is:

A. 999.
B. 2,000.
C. 1,000.
D. 999,000.


Answer: D

Economics

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______________ is the time that an individual cannot control totally by himself or herself

a. Discretionary time b. Real time c. Psychic time d. Nondiscretionary time

Economics

Refer to the table below. Suppose the profit for each unit of paper product is $2.00 and the profit for each unit of lumber is $5 and Big Oaks is producing the profit-maximizing quantity of lumber and paper products. If the profit from each unit of paper product increases from $2 to $3 and the profit for each unit of lumber does not change, to maximize profit, Big Oaks should produce a ________

proportion of paper products and produce ________ units of paper products and lumber.


Big Oaks can produce either paper products or lumber with each tree that they harvest. Because Big Oaks can adjust the amount of paper products and lumber they produce from the harvested trees, paper products and lumber are produced in variable proportions. The above table summarizes Big Oaks production possibilities from each harvested tree.

A) smaller; less
B) smaller; more
C) greater; less
D) greater; more

Economics

Under a flexible exchange rate system, a decrease in the value of a domestic currency in terms of foreign currencies is referred to as

A) an appreciation. B) a depreciation. C) a devaluation. D) a revaluation.

Economics

Refer to the figure below. If the supply curve returns to its initial level of S a , the amount of consumer surplus will return to its original level.



A. True
B. False
C. Uncertain

Economics