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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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
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