Bill's Lawn service starts the year with 20 lawn mowers. During the year, 3 mowers break and are not worth fixing. Bill also expands his business and buys 10 more mowers. Bill's net investment is ________ mowers
A) 13 B) 7 C) 10 D) 20 E) 27
B
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Under a market system, an individual’s income is ultimately determined through
a. education. b. training. c. productivity. d. the pricing system.
Can the median voter model help explain why third parties have generally not been successful in the United States? Explain why or why not
What will be an ideal response?
One possible result of a fall in aggregate demand coupled with a stable short-run aggregate supply is
A) a recession. B) an increase in employment levels. C) an economic expansion. D) a rise in the stock market.
(Ref 9-8 Figure: The Market for Hamburgers) Refer to Figure 9-8: The Market for Hamburgers shows the weekly market for hamburgers in Tuscaloosa. If 400 hamburgers are sold, consumer surplus will equal:
A. $400.
B. $225.
C. $650.
D. $450.