Refer to the production possibility graph above. Assume that the economy is in equilibrium at point e. If the price of good B increases, the new equilibrium is most likely to be
A) point f.
B) point d.
C) point e.
D) point h.
E) point b.
A
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An investment bank helps ________ issue securities
A) a corporation B) the United States government C) the SEC D) foreign governments
Monetary & Fiscal policy
What will be an ideal response?
Suppose that you can hire your mechanic for up to six hours. The total benefit and total cost functions are B(H) = 300H - 20H2 and C(H) = 55H + 60H2. The corresponding formulas for marginal benefit and marginal cost are MB(H) = 300 - 40H and MC(H) = 55 + 120H. For how many hours should you hire your mechanic?
A. 1.53 hours B. 0.65 hours C. 6 hours D. 0 hours
When a celebrity has the desire to have his image protected following his death, this is best described as an example of the protection of
A) a patent. B) intellectual property. C) an invention. D) a trademark.