Which of the following is a characteristic or focus of economics?
A) allocation of limited resources in an effort to satisfy potentially unlimited wants
B) decision making
C) empirical analysis
D) all of the above
D
Economics
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Using the above table, the marginal utility for the sixth glass of water is
A. -5 utils. B. 5 utils. C. 260 utils. D. 255 utils.
Economics
A firm's demand for labor depends only on the price of labor
Indicate whether the statement is true or false
Economics
Businesses will want to borrow more funds as the real rate of interest decreases
a. True b. False Indicate whether the statement is true or false
Economics
Full-cost transfer-pricing creates an incentive for:
A. distribution to be over-efficient. B. distribution to be inefficient. C. manufacturing to be less efficient. D. manufacturing to be over-efficient.
Economics