Shortly after the American Revolution, governmental involvement in market affairs was largely abandoned in the Confederate States and economic growth resulted
Indicate whether the statement is true or false
False
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Having a goal that does not include making a profit can often explain why the unprofitable idea has not been implemented. These types of ideas may include:
A. promoting social justice. B. helping the poor. C. making great art. D. All of these.
The academic calendar for a university is August 15 through May 15. A professor commits to a contract that binds her to a teaching position at this university for this period. Based on this? information, the short run for the professor
A. will be the nine month period between August 15 and May? 15; any time period longer than this will be long run for her. B. will be the time period between August 15 and December? 31; any time period longer than this will be long run for her. C. will be the calendar year between January 1 and December? 31; any time period longer than this will be long run for her. D. will be the time period between August 15 of the current year and August 14 of the following? year; any time period longer than this will be long run for her.
John is a U.S. citizen who works for Walmart located in France. John's work contributes to:
A. both U.S. GDP and U.S. GNP. B. U.S. GNP, but not U.S. GDP. C. neither U.S. GDP nor U.S. GNP. D. U.S. GDP, but not U.S. GNP.
The derivative, dAC(Q)/dQ = (1/Q2) {Q(dC/dQ) ? C(Q)}, illustrates that when:
A. MC(Q) < AC(Q), average costs increase as output increases. B. MC(Q) > AC(Q), average costs decrease as output increases. C. MC(Q) < AC(Q), average costs decrease as output increases. D. None of the answers are correct.