Which of the following is not considered as a factor of production?
A) money
B) machinery and equipment
C) land
D) unskilled labor
A
Economics
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Refer to Table 10-2. What is Keira's marginal utility per dollar spent on the third cup of soup?
A) 72 units of utility B) 36 units of utility C) 12 units of utility D) 6 units of utility
Economics
Producer surplus is equal to the area
A) under the demand curve and above the supply curve. B) above the supply curve and below the price line. C) under the supply curve. D) under the demand curve and above the price line.
Economics