The private cost of production includes the amount a firm pays for A. ?pollution, capital, and materials. B. ?labor, capital, and materials. Your answer is correct.C. ?labor, capital, and pollution. D. ?labor, pollution, and materials.
The private cost of production includes the amount a firm pays for
A.
?pollution, capital, and materials.
B.
?labor, capital, and materials.
Your answer is correct.
C.
?labor, capital, and pollution.
D.
?labor, pollution, and materials.
B.
labor, capital, and materials.
The economic approach to pollution is to get producers to pay for the waste they?generate, just as they pay for? labor, capital, and materials. The costs of? labor, capital, and materials are the private cost of
cost borne by the producer of the product.
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"Buy low and sell high is advice given to people who want to make a profit by buying and selling shares of stock. Arbitrage is defined as buying a product in one market at a low price and reselling it in another market at a high price
Therefore, when stock brokers buy and sell stocks to earn a profit they are engaging in arbitrage." Evaluate this statement; state whether it is true or false and explain your answer.
If your income is $40,000 and you pay taxes of $4,650, what is your average tax rate? Show your work
What will be an ideal response?
In the long run, fixed costs are
A) sunk. B) avoidable. C) larger than in the short run. D) not included in production decisions.
Curve YZ represents _____________.
A. short-run aggregate demand
B. long-run aggregate demand
C. short-run aggregate supply
D. long-run aggregate supply