In 2011, a household with an annual income of $23,000 would find itself in the:
A. highest quintile of the household income distribution.
B. lowest quintile of the household income distribution.
C. second lowest quintile of the household income distribution.
D. second highest quintile of the household income distribution.
Answer: C
Economics
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For a profit-maximizing competitive firm, the value of marginal product curve is
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