Which of the following is infrastructure?
a. Schools. b. Roads.
c. Public health and sanitation services. d. All of these.
d
Economics
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Considering production decisions for only the short run, a firm producing where MC = MR should stop producing if
a. its losses are less than TFC b. its losses equal TFC c. its losses are greater than TFC d. TR is less than TC e. TR exceeds TVC
Economics
A compensation structure that generates much higher pay rates for the top performers, while those whose productivity is only a little lower receive substantially less compensation, is called
a. tournament pay. b. competing differentials. c. dueling executives. d. winner take all.
Economics