According to Figure 6.1, the period from 1974 to 1995 is particularly remarkable for the slow growth of ________
A) output per worker
B) labor input
C) output
D) capital input
A
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Suppose a firm can charge a relatively low price to try to compete actively with its rivals, or it can charge a relatively high, collusive price
If its strategy is to charge the low price regardless of the other firms' decisions, this low-price is the firm's A) dependent strategy. B) independent strategy. C) dominant strategy. D) positive sum strategy.
A fear in investing in China
A) is based in fears of its declining population. B) relates to the value of property rights. C) can be overcome by not have Chinese operations. D) none of these choices.
Adding depreciation to net national product yields
a. disposable income (DI). b. personal income (PI). c. net national product (NNP). d. gross domestic product (GDP).
How much of a resource a firm will purchase depends on
A. the price of that resource. B. the productivity of that resource. C. the selling price of the final product that the resource helps to produce. D. All of the choices are correct.