Between 1960 and 2010, the annual growth rate in percent per year was the highest in
A) China.
B) United States.
C) Brazil.
D) Singapore.
E) South Korea.
A
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Workers who deal with information are generally referred to as
A) non-productive workers. B) production workers. C) knowledge workers. D) migrant workers.
The figure above shows the demand and cost conditions for a firm with two plants. In order to maximize profit, how many units of output should the firm produce?
A. 10 B. 20 C. 30 D. 40 E. 50
Process innovation refers to:
A. development of new products. B. implementation of better methods of producing products. C. first discovery of new scientific principles. D. widespread imitation of innovations.
If the government imposes a per-unit tax on sales of an industry's product, then we would expect
A. the supply curve in that industry would shift to the left. B. the demand curve for that industry would shift to the right. C. the demand curve for that industry would shift to the left. D. the supply curve in that industry would shift to the right.