Shawna bought an antique table for $200 last year and is now selling it for $250. Her rate of return on the table is:
A. 10 percent
B. 20 percent
C. 25 percent
D. 30 percent
C. 25 percent
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The United States
A. has sometimes attained productive efficiency. B. usually attains productive efficiency. C. never attained productive efficiency.
What group tends to benefit from the sugar price supports?
A. Manufacturers of products that use sugar B. Individual consumers of sugar C. Producers of other agricultural products D. Producers of sugar E. All of these responses are correct.
In economics, the term ________ means "additional" or "extra."
A) allocative B) equity C) marginal D) optimal
The quantity of goods and services that can be produced by one worker or by one hour of work is referred to as
A) technology. B) labor productivity. C) real GDP. D) human capital.