The thesis of racial inferiority is rather recent
Indicate whether the statement is true or false
F
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GDP measures the total income a society generates
Indicate whether the statement is true or false
Both an increase in employment opportunities and an increase in immigration lead to a shift to the right in the supply curve for labor
Indicate whether the statement is true or false
Marginal cost is always zero at the point of efficient scale
a. True b. False Indicate whether the statement is true or false
Suppose that two firms are producers of spring water, which can be obtained at zero cost. The market demand curve for their combined output is p = 100 - Q where p is the price and Q is the amount of spring water sold by both together. If the two producers act in accord with the Cournot model, their combined output will be
A. 66.66. B. 0. C. 50. D. 33.33.