A move from G to H represents
A. an increase in quantity demanded.
B. a decrease in quantity demanded.
C. an increase in demand.
D. a decrease in demand.
D. a decrease in demand.
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Which of the following can be used to diagnose infections by detecting specific antibodies in a patient's serum?
a. DNA fingerprinting b. PCR c. Western blotting d. ELISA e. Western blotting and ELISA
What are the main advantages and disadvantages of organizing a business as a corporation?
What will be an ideal response?
A firm hires labor in a perfectly competitive labor market. If the wage rate is $44, the firm should hire
a. 44 workers b. all units of labor whose marginal product is 44 c. all units of labor whose marginal revenue product is $44 d. all units of labor whose marginal revenue product is greater than or equal to $44 e. all units of labor whose marginal revenue product is less than or equal to $44
The law of diminishing marginal returns describes changes in output when inputs change
Indicate whether the statement is true or false