The U.S. federal debt as a percentage of GDP is currently on the rise
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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In a Bertrand model with differentiated products,
A) firms can set price above marginal cost. B) firms set price at marginal cost. C) price is independent of marginal cost. D) firms set price independently of one another.
Economics
Greg's Ice Cream produces 1120 gallons of ice cream per day. Each employed works seven hours and has productivity of 20 gallons an hour. How many employees does Greg's employ?
a. 160 b. 56 c. 8 d. None of the above is correct.
Economics