Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point A to Point B is
A. -2/3.
B. -1.5.
C. -3.
D. -30.
Answer: B
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A. work for government of some sort. B. produce raw materials for manufacturing. C. work in agriculture and farming. D. produce services rather than goods.
What are the risks and reward for investment banks involved in underwriting a new security issue?
What will be an ideal response?
In the long run, if some monopolistically competitive firms are earning economic losses then
A) firms will leave the industry. B) raise prices until they earn economic profits. C) they will increase production until marginal costs fall. D) new firms will enter the industry.
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A) Doves B) Hawks C) Both doves and hawks D) Neither doves nor hawks