The total cost curve generally has
a. slope values which first decrease and then increase rapidly.
b. slope values which first increase rapidly and then decrease.
c. increasing slope values.
d. decreasing slope values.
a
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Everyone in the neighborhood has been complaining about the deteriorating condition of the park, but nobody has cleaned it up. Why not?
A. No single person's benefit from cleaning the park exceeds that person's cost of cleaning it. B. There is an excess demand for parks in the neighborhood. C. There is an excess supply of parks in the neighborhood. D. The social benefit of cleaning the park exceeds the social cost of cleaning it.
The federal government employs more civilians than state and local governments.
Answer the following statement true (T) or false (F)
The only mineral that was available in any significant quantity in colonial America was:
a. Gold. b. Silver. c. Iron. d. Coal.
What determines the creditworthiness of any organization, including the federal government?
a. the size of its debt relative to its income base b. the interest rate at which it can borrow money c. the length of time it has existed d. the length of time it is expected to operate