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A fixed resource is one that?
A. is physically tied to a specific location.
B. costs more than the average daily revenue of the firm
C. cannot be varied in the short run.
D. can be disposed of only if the firm goes out of business.
Austria has a history of strong hostility to nuclear power, and over the last twenty years the Austrians have shut down all of the reactors in Austria
What economic considerations must individuals take into account in making the decision to open a business?Coporate Finance
What is the range for the relative price of cloth such that the economy produces both cloth and food? Which good is produced if the relative price is outside of this range? Write down the unit cost of producing one yard of cloth and one calorie of fo..
According to the World Bank’s Mind, Society, and Behavior, which two economists are associated with the removal of psychological factors from economics generally and from “making predictions about market outcomes” in particular?
Only incremental cash flows are relevant in project analysis, the proper incremental cash flows are the reported accounting profits, and thus reported accounting income should be used as the basis for investor and managerial decisions.
Calculate velocity of money when price level is 10, national quantity of output is $200 billion and money supply is $250 billion.
Assume you plan to invest $10,000 at one of the following interest rates. Order the interest rates in declining order of the amount of interest they would provide in one year
What is the immediate effect of the increase in demand on the price and quantity of yellow corn? Yellow corn and white corn (the key ingredient in corn tortillas) are substitutes in production. As a result of the changes in the market for yellow corn..
The U.S. government strongly encouraged unions to be formed in the early 1940s because they held the view that unions would help to
q1. do you think that frustrates groups like the aspca who believe the wto is undermining their effort to make some us
According to the Wall Street Journal, "Rent control disproportionately subsidizes the affluent. A Harvard University study in the late 1980s found that rent-controlled apartments were in some of the city's best neighborhoods, that 94% of their tenant..
What are the main goods and services the United States traded internationally? What trade barriers were in place during that decade? What are two pros and two cons of the trade barriers used?
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