The Nobel Prize-winning economist from Harvard who developed the capabilities approach is:
A. Gary Becker.
B. Milton Friedman.
C. John Kenneth Galbraith.
D. Amartya Sen.
Answer: D
You might also like to view...
An import quota will make the supply curve for the imported good
A) perfectly inelastic. B) perfectly elastic. C) unitary elastic. D) negatively sloped.
Production data for Joe's Pizza Parlor are as follows. For simplicity assume that labor is the only input. Each pizza sells for $5.Number of WorkersPizzas Baked Per Day00110218324430532 How many workers will Joe hire if he must pay each one $45 a day?
A. 3 B. 2 C. 1 D. 4
A firm should increase the quantity of output as long as its:
A. marginal revenue is greater than its marginal cost. B. marginal cost is greater than its marginal revenue. C. average revenue is greater than its average variable cost. D. average revenue is greater than its average total cost.
The most efficient way to get firms to reduce pollution is to
A. provide firms and consumers with the information about the effects of their actions and encourage them to behave responsibly. B. make them pay for the social costs of production and let them decide how to respond to the higher costs. C. make the worst polluters shut down and go out of business. D. set uniform emission standards and require all firms to meet the standards.