Estimates of the effect of the user cost on investment vary greatly.
A. True
B. False
C. Uncertain
A. True
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Use the figure below to answer the following question. The case of complementary goods is represented by figure
A. 1. B. 2. C. 3. D. 4.
The dividend yield is a. a financial intermediary
b. reported as a percentage of the stock's price. c. the same as retained earnings. d. a function of the company's earnings per share and the stock's price.
One key difference between national income and net domestic product is
A. net domestic product includes indirect business taxes and transfers while national income does not. B. net domestic product represents income that is available to individuals while national income does not. C. net domestic product does not include income earned by the factors of production while national income does. D. net domestic product only includes the net additions to the economy's stock of capital while national income does not.
In the long run, a firm in a perfectly competitive industry will supply output only if its total revenue covers its
A) explicit costs plus its implicit costs. B) fixed costs. C) implicit costs. D) explicit costs.