Net investment is the
A) total amount of gross investment minus depreciation.
B) value of software and other network related products.
C) profit or loss in the stock market.
D) value of the depreciated capital multiplied by the changes in the price level.
A
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From a social standpoint, the immediate effect of discrimination is that society ________ the talents and abilities at its disposal, and this makes everybody ________, on average
A) overuses; richer B) overuses; poorer C) fails to use; richer D) fails to use; poorer
How does the principle of minimum differentiation relate to the free-rider problem?
What will be an ideal response?
Suppose you operate a factory that produces gadgets. Your current output is 1,000 gadgets. If your fixed cost is $10,000 and your total cost is $50,000, the:
A. average total cost of production is $500. B. average variable cost of production is $50. C. average variable cost of production is $40. D. marginal cost of production is $40,000.
There is a close relationship between changes in a nation's rate of productivity growth and changes in its average real hourly wage because if average real hourly wage and output per worker is
What will be an ideal response?