How many résumés should you have?
A. One.
B. One tailored to each job you apply for.
C. Between 5 and 10 which cover the majority of companies.
Answer: B. One tailored to each job you apply for.
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The total willingness to pay for public restrooms in a city is given in the table below:
Number of Restrooms Total willingness to pay 1 $208,000 2 $199,000 3 $150,000 4 $85,000 If the marginal cost of building a public restroom is $208,000, how many restrooms will be built? A) 1 B) 2 C) 3 D) 4
To produce 150 units of output, a firm must use 3 employee-hours. To produce 300 units of output, the firm must use 8 employee-hours. Apparently, the firm is:
A. not using any fixed factors of production. B. producing in the long run. C. experiencing negative returns. D. experiencing diminishing returns.
In the above figure, the distance between A and B represents this monopoly firm's
A. average profit per unit. B. average cost per unit. C. total profit. D. total revenue.
Refer to the given data. At the profit-maximizing level of employment, this firm's total revenue will be:
A. $16.
B. $32.
C. $24.
D. $30.