Historical note: Andrew Carnegie became an industrial mogul by consuming or buying out his competition in the _________ industry
a. oil
b. steel
c. rubber
d. lumber
e. land
B
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The sale of new stocks by a corporation is one source of investment funds.
Answer the following statement true (T) or false (F)
Educating girls and women should reduce population growth because better-educated girls and women
a. will take better care of their children b. are more likely to practice contraception c. are more likely to want income from working rather than having additional children d. tend to want to spend more on fewer children rather than less on a greater number of children e. all of the above
Total cost is calculated as
a. average fixed cost plus average variable cost b. fixed cost plus variable cost c. the additional cost of the last unit produced d. marginal cost plus variable cost e. marginal cost plus fixed cost
Which of the following professionals is likely to receive higher compensatory wages?
a. Financial accountants b. Software engineers c. Sales workers d. Share traders e. Tailors