Commodities that last less than three years and may be consumed very quickly are called:
A) durable goods
B) nondurable goods
C) services
D) none of the above
B
Economics
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At a taxable income of $40,000 Mari's income tax is $7,400. When her taxable income rises to $45,000 her income tax is $8,400. Based on this information, what is Mari's marginal tax rate?
A) 18.7 percent B) 39 percent C) 10 percent D) 30 percent E) 20 percent
Economics
Use the above figure. The TFC at output level 10 is
A. $3. B. $1. C. $10. D. $2.
Economics