An example of a country that has had success with clustering is:
A. Japan.
B. Liberia.
C. China.
D. Bangladesh.
D. Bangladesh.
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Suppose the airplane market is an oligopoly. According to the figure above, the quantity produced can range as high as ________ planes per week and as low as ________ planes per week
A) 10; 4 B) 12; 6 C) 6; 0 D) 12; 0 E) None of the above answers is correct.
If an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income, then that individual must have a(n) __________ tax rate of 30 percent
A) average B) fixed C) total D) marginal
Which of the following countries (or regions) produces the most output annually?
A. Japan. B. United States. C. Germany. D. China.
Unequal pay that is caused by economic discrimination will be due to
A) a noneconomic factor. B) differences in the marginal revenue product. C) a monopolistic labor market. D) difference in human capital.