If the simplified technology costs $2 million to develop, what is the expected gain from developing the voice activated software
a. $5million
b. $6million
c. $7million
d. $10million
b
Economics
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Refer to the scenario above. People will earn a net benefit of ________ if the discount weight of the future benefit is 1/10
A) 950 utils B) 930 utils C) -600 utils D) -950 utils
Economics
Which of the following will become smaller and smaller as the firm expands output?
a. average total cost b. average fixed cost c. marginal cost d. total fixed cost
Economics
In ________ the United States Congress passed the Sherman Antitrust Act.
A. 1787 B. 1890 C. 1914 D. 1950
Economics
If an investor holds two risky assets with a perfect negative correlation, then risk
A) falls to zero. B) is increased. C) is unaffected. D) is reduced by 50 percent.
Economics