Most business people calculate marginal cost and marginal revenue to decide how much to produce
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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When firms increase capital stock, the productivity of their workers increases
Indicate whether the statement is true or false
Economics
When comparing point A, which lies within a utilities possibilities frontier, with point B, which lies on the same utilities possibilities frontier,
A) A is necessarily more efficient than B. B) A is necessarily more equitable than B. C) B is necessarily more efficient than A. D) B is necessarily more equitable than A.
Economics