Workers in one country are more productive than workers in another country because
A. they have fewer complementary factors to work with.
B. they have more complementary factors to work with.
C. they are better motivated and paid.
B. they have more complementary factors to work with.
Economics
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A teenaged babysitter is similar to a firm in a perfectly competitive industry in that, for both
A) average costs of production do not change when their industry expands. B) fixed costs are lower than variable costs. C) there are many other suppliers of similar goods or services. D) the implicit costs of production exceed the explicit costs of production.
Economics
Strikes occur in about ________ percent of the labor-management negotiations
A) 2 B) 16 C) 25 D) 40
Economics