Suppose a jar of DeLux popcorn that is ultimately sold to a customer at Friendly Groceries is produced by the following production process: Name of CompanyRevenuesCost of Purchased InputsFulton Family Farm$0.500DeLux Popcorn Co.$2.50$0.50Friendly Groceries$4.00$2.50 What is the value added of Friendly Groceries?
A. $3.50
B. $2.50
C. $1.50
D. $4.00
Answer: C
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Refer to the Article Summary. A merger between two competitors such as Staples and Office Depot may ultimately be approved by the Department of Justice and the FTC if the two companies can substantiate ________ as a result of the merger
A) increases in economic efficiency B) an increase in the HHI to over 1,800 C) increases in revenue for the merged company D) decreases in marginal revenue for the merged company
Suppose that fixed investment is $550 billion and (total) investment is $630 billion. What does inventory investment equal?
A) $80 billion B) $550 billion C) $630 billion D) $1,180 billion E) There is not enough information to answer this question.
An expansion is usually associated with rising employment.
Answer the following statement true (T) or false (F)
Other things equal, an increase in the Z factors shifts
A. the AS curve to the left. B. the AD curve to the right. C. the AS curve to the right. D. the AD curve to the left.