Supply is determined by how much suppliers are willing and able to produce.
Answer the following statement true (T) or false (F)
False
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The development of a low-cost synthetic fuel is expected to cause a decrease in the price of oil
a. True b. False Indicate whether the statement is true or false
A bond purchaser bought a bond from which she receives $800 a year from the issuer. If the face value of the bond is __________ then the coupon rate is __________
A) $10,000; 10 percent B) $8,000; 8 percent C) $10,000; 8 percent D) $8,000; 12 percent E) none of the above
Linda earned an income of $3,000 per month, which has now increased to $3,500 per month. She saves 10 percent and spends the remainder on food, lodging and other expenses. So far, she has managed to save $20,000. What is the change in her saving per month after the increase in income?
What will be an ideal response?
Assume a firm has fixed costs of $80 and variable costs as indicated in the table below. Complete the cost table
