Workers who take a job related training course are enhancing their human capital.
Answer the following statement true (T) or false (F)
True
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How would poverty be affected in the United States if the measure were changed to a more comprehensive one that included the value of in-kind transfers, medical services, and taxes?
What will be an ideal response?
View Your World, a high-end window manufacturer, directly pays all of the transaction costs. The managers of View Your World are considering the profit-maximizing location for their plant. If locating the plant closer to its customers saves $15,000 in transportation costs of its windows to its customers, but causes an additional $11,500 in input transportation costs, View Your World ________
locate its plant closer to its customers as the marginal benefit is ________ than the marginal cost. A) should not; more B) should not; less C) should; less D) should; greate
A conglomerate merger:
A. can extend the line of products sold, extend the territories in which products are sold, or combine totally unrelated products. B. is defined as a merger involving two firms that previously had a buyer-seller relationship. C. is defined as a merger involving two firms producing the same or similar products and selling them in the same geographical market. D. is illegal, per se.
Which of the following statements is true?
A) Whenever a firm raises its price its total revenue will increase. B) When a firm lowers its price its total revenue may either increase or decrease. C) Whenever a firm increases its quantity sold its revenue will increase. D) Total revenue will equal zero when the demand for a product is unit elastic.