The table above shows data on two variables. If these data were graphed, the slope of the line would be
A) 1/2.
B) 4/3.
C) 2/3.
D) 3/4.
E) 2.
D
Economics
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The additional cost to a firm of producing one more unit of a good or service is the
A) total cost. B) opportunity cost. C) marginal cost. D) minimum cost.
Economics
Because of diminishing marginal productivity
A) the labor supply curve is not vertical. B) nominal wages are sticky in a downward direction. C) the labor demand curve is negatively sloped. D) households save only a small share of their income.
Economics