Profits account for about 30 cents out of each dollar spent on goods in the United States.
Answer the following statement true (T) or false (F)
False
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Use the following table to answer this question, which provides information on the production of a product that requires one variable input.InputTotal Product00102002060030720408205090060980The average product of the 40th input item is
A. 100. B. 20.5. C. 10. D. 80.
The mayor of Nizambora wants to set up street lights in every locality. The cost of setting up street lights in each locality is $900 . The estimated population of each locality is 100 . Despite not paying for the streetlights, the citizens where asked how much they were willing to pay for them. This was found to be $10 per person. Should the government provide street lights to every locality?
A firm's stock price will be higher when the interest rate is ____ and the value of the firm's expected future profits are ____
a. lower; larger b. lower; smaller c. higher; larger d. higher; smaller
________ countries have explicit requirements about the number of parties that can participate in an election.
A. Most B. None C. All D. Few