The demand for a resource is influenced by each of these factors except
A. the price of that resource.
B. the price of the substitute resources.
C. the demand for the final product.
D. the productivity of that resource.
A. the price of that resource.
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Use the following table to answer the question below.Number of UnitsTotal Utility110021903270434054006450What is the marginal utility of the second unit?
A. 90 utils B. 47.5 utils C. 95 utils D. 190 utils
Assuming there are no capital gains, a nation's wealth at the start of a year is equal to the wealth at the start of the previous year plus
A) income. B) nothing because wealth does not change from one year to the next. C) income minus saving during the year. D) saving during the year. E) saving minus depreciation during the year.
In terms of exposing others to risk, explain if there is a difference between you choosing to text while driving
and a company selling tablet computers where the batteries have been known to explode when the tablet is left on for a long period of time.
The difference between nominal GDP and real GDP is
A) the indirect taxes used in their calculations. B) the prices used in their calculations. C) that nominal GDP includes the depreciation of capital and real GDP does not. D) that nominal GDP includes net exports of goods and services and real GDP includes net imports. E) that real GDP includes the depreciation of capital and nominal GDP does not.