Hong Kong and Japan have achieved relatively high incomes per capita despite lacking an abundance of natural resources
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Suppose the price of a can was $5.10. In this case, to maximize its profit, the firm illustrated in the figure above would
A) decrease its production and would make an economic profit. B) not change its production and would make zero economic profit. C) not change its production and would make an economic profit. D) decrease its production and would incur an economic loss. E) not change its production and would incur an economic loss.
Economics
What are the two principles of fairness that are applied to tax systems?
What will be an ideal response?
Economics