According to your textbook discussion, what best explains the decline in the importance and use of flint?
a. the decline in tobacco consumption
b. the adoption of new technologies
c. the discovery of new copper resources
d. the widespread use of matches
e. the discovery of abundant oil resources
B
You might also like to view...
Refer to the above table. Suppose the price of the good sold is $4 and the marginal factor cost of labor is $600, how many units of labor will the firm hire?
A) 4 B) 5 C) 6 D) 3
A street light is
a. rival and exclusive, and therefore is a public good b. nonrival, but since it is exclusive, it is a private good c. exclusive, but since it is nonrival, it is a public good d. nonrival and nonexclusive, and therefore is a public good e. nonrival and nonexclusive, and therefore is a private good
A binding minimum wage
a. affects employees but not employers. b. lowers the productivity of workers. c. raises the cost of labor to firms. d. All of the above are correct.
During inflationary periods
A. all prices rise at the rate of inflation. B. real wages must necessarily decline. C. some prices may fall. D. relative prices do not change.