In the above table, the marginal product of the second worker is
A. 68.
B. 38.
C. 98.
D. It cannot be determined.
Answer: B
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Refer to the scenario above. What will be the future value of the deposit after 3 years?
A) $9,822.63 B) $9,964.21 C) $10,077.70 D) $10,220.98
Low voter turnout occurs because:
a. many potential voters underestimate the effect of their one vote b. many potential voters see the costs of voting as greater than the benefits c. many potential voters don't realize how much they benefit from voting d. all of the above
The marginal cost curve is a competitive firm's supply curve; it shows how many units of output a firm will be willing to sell at different prices.
Answer the following statement true (T) or false (F)
When the production possibilities curve is bowed out, resources are:
A. equally well-suited to production of both goods. B. not being used efficiently. C. not equally suited to the production of both types of goods. D. increasing as more of one good is produced.