Which of the following is NOT a potential reason for wage differences by race or sex?
A) discrimination
B) differences in human capital
C) differences in the degree of specialization
D) All of the above are potential reasons for wage differences by race or sex.
D
Economics
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To maximize profits, the monopolist should produce at which
A) MR = MC. B) MC intersects the demand curve. C) total revenue is maximized. D) total costs are minimized.
Economics
We can describe who bears the burden of a tax by using the concept of:
A. marginal burden. B. incidence. C. payee. D. marginal tax rate.
Economics
Is an efficient market allocation fair? Explain
Economics
Double counting occurs when the price of both final and intermediate goods is included in the calculation of GDP
a. True b. False Indicate whether the statement is true or false
Economics