The table above shows techniques that can be used to produce 100 shirts. The technique that is NOT technologically efficient is
A) W.
B) X.
C) Y.
D) Z.
A
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Economists consider price discrimination to always be undesirable.
Answer the following statement true (T) or false (F)
Answer the following statement(s) true (T) or false (F)
Not all customers are created equal. Nor is every transaction equally important.
The "rules of the game" under the gold standard can best be described as which of the following:
A) selling domestic assets in a deficit and buying assets in a surplus. B) slowing down the automatic adjustments processes inherent in the gold standard. C) selling domestic assets in order to accumulate gold. D) selling foreign assets in a deficit and buying foreign assets in a surplus. E) selling domestic assets in a surplus.
In the Mundell-Fleming model with perfect capital mobility, the domestic interest rates are determined by
a. monetary policy. b. the IS and LM curves. c. domestic savings and investment. d. budget deficits. e. none of the above.