Which resource is not an example of capital?
a. Stocks or bonds
b. Machinery
c. Equipment
d. Physical plants
a
Economics
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The above figure shows the demand and cost curves for a firm in monopolistic competition. The firm maximizes its profit by
A) producing 8 units at a price of $5 each. B) producing 8 units at a price of $15 each. C) producing 4 units at a price of $20 each. D) producing 12 units at a price of $10 each.
Economics
In one month, Moira can knit 2 sweaters or 4 scarves. In one month, Tori can knit 1 sweater or 3 scarves. Together, they could produce more output in total if Moira knits only sweaters and Tori knits only scarves
a. True b. False Indicate whether the statement is true or false
Economics