Which of the following determinants of marginal productivity cannot be acquired by someone who wants to increase future productivity?
A. training
B. education
C. talent
D. experience
Answer: C
You might also like to view...
The figure above shows the demand and cost curves for a single-price monopoly. What price will the firm charge?
A) $50 per unit B) $30 per unit C) $20 per unit D) $10 per unit
The long-run aggregate supply curve
a. is vertical b. is upward sloping c. is downward sloping d. is horizontal e. can have a variety of shapes depending on fiscal policy
When the price of a good decreases:
A. the good becomes less expensive relative to other goods and the consumer's purchasing power increases. B. the good becomes less expensive relative to other goods and the consumer's purchasing power decreases. C. the good becomes more expensive relative to other goods and the consumer's purchasing power increases. D. the good becomes more expensive relative to other goods and the consumer's purchasing power decreases.
A firm that has substantial monopoly power
A. confronts a perfectly-elastic demand curve. B. can sell as much as it wants at the price it chooses. C. can strongly influence the price that it charges for its output. D. is one of only a few firms in the industry.