What is the efficient quantity of snowboards in the above figure?
A) 0
B) 100
C) 200
D) 500
B
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An increase in the dollar price of the British pound will ________.
A. cause Britain's terms of trade with the United States to deteriorate B. leave the pound price of dollars unchanged C. decrease the pound price of dollars D. increase the pound price of dollars
The median voter theorem is more likely to hold true in elections with a large number of candidates
Indicate whether the statement is true or false
Which of the following items results in an increase in the economy's measured GDP ceteris paribus?
a. more leisure time b. higher quality goods c. cleaner air d. increased medical expenditures e. reduced workplace accidents
Refer to Table 10.1. If the price of output is $2 per unit and the wage rate is $60, ________ workers should be hired.
A. five B. six C. seven D. eight