Refer to the above table. What does the marginal revenue product equal when 28 workers are hired a week?
A) $1040
B) $900
C) $210
D) $7.50
B
Economics
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A system that keeps only a portion of funds on hand and lends out the remainder:
a. fractional reserve banking b. mortgage banking c. Ponzi scheme d. Federal Deposit Insurance Corporation (FDIC)
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Money eliminates the need for
A) any government role in the economy. B) specialization. C) people to have a double coincidence of wants. D) the market system.
Economics