In 2016 Apple was the most valuable brand name.
Answer the following statement true (T) or false (F)
True
The most valuable brand name in 2016 was Apple.
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Which transportation industry did government invest most heavily in before 1860?
(a) Turnpikes (b) Canals (c) River steamboats (d) Railroads
According to the above table, if the marginal revenue product is $24, how many workers will the profit maximizing monopsonist hire?
A) 4 B) 5 C) 6 D) 7
A country's total output, or real GDP, is determined only by its aggregate production function
a. True b. False
Suppose a sushi restaurant is making significant economic profit in the short run. In the long run
A. high barriers to entry keep people from opening sushi restaurants. B. the government will require the sushi restaurant to sell part of its interests in the city. C. more people will open steak restaurants, increasing the economic profit for the sushi restaurant. D. more people will open sushi restaurants, reducing the economic profit for each restaurant.