After you swallow food, what kind of muscle moves the food toward your stomach?
A. Cardiac
B. Skeletal
C. Smooth
D. Voluntary
Answer: C. Smooth
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The marginal cost of labor, MCL, is defined as the
A) total cost of producing a certain amount of output. B) total cost of hiring an additional worker. C) additional cost of hiring an additional worker. D) additional fixed cost of producing an additional unit of output.
According to the World Bank, in 2006, China's GDP was approximately $2.7 trillion (or $2,700 billion). That same year, India's GDP was approximately $906.3 billion
With which of the following populations would China's standard of living have been considered higher than India's that year? A) China's population = 500 million; India's population = 125 million B) China's population = 8.3 billion; India's population = 1.1 billion C) China's population = 1.3 billion; India's population = 1.1 billion D) China's population = 3.5 billion; India's population = 1.1 billion
If Mexicans increasingly lose confidence in their domestic financial markets and move their assets to other countries, the peso will depreciate
Indicate whether the statement is true or false
A natural monopoly maximizes profits at the point at which price equals minimum average total cost
a. True b. False Indicate whether the statement is true or false