All of the following are examples of fringe benefits except
A. health insurance.
B. retirement payments.
C. overtime payments.
D. education subsidies.
Answer: C
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Most trade between Mexico and the United States is intrafirm
Indicate whether the statement is true or false
Which of the following changes would contribute to a nation's rapid long-run economic growth?
A. faster technological progress B. faster population growth C. less physical capital per worker D. lower levels of average human capital
A major goal of the World Trade Organization is to:
A. Increase the protection of producers against foreign trade competition B. Encourage bilateral trade agreements between nations C. Liberalize international trade among nations D. Maximize tariff revenue for governments
Suppose the table below describes the demand for a good produced by monopolist.PriceQuantity$101$92$83$74$65$56$47The monopolist's total revenue from selling 3 units is ________, and the monopolist's marginal revenue from selling the 3rd unit is ________.
A. $24; 8 B. $24; 6 C. $28; 8 D. $52; 1