Refer to the graph shown.
Which curve represents the firm's derived demand for labor curve?
A. S2
B. S1
C. D
D. MRP
Answer: D
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How is the gain from exports distributed between consumers and domestic producers?
What will be an ideal response?
Are bank lines of credit to small firms collateralized?
A) All of them are. B) Some of them are, especially if the firm is risky. C) Some of them are, especially if the firm is safe. D) None of them are.
Which of the following will become smaller and smaller as the firm expands output?
a. average total cost. b. average fixed cost . c. marginal cost. d. total fixed cost.
A bank's balance sheet shows
a. information about the riskiness of its loans b. the amount of money loaned to each individual borrower c. the amount of cash in the hands of the public d. the number of checking accounts it maintains e. the bank's assets and liabilities