Refer to Figure 18.3. In autarky, the maximum amount of scooters that Livonia can produce is

A) 120. B) 100. C) 80. D) 40.

C

Economics

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The money the North Korean government spent to purchase a closed British brewery was a(n) ________ cost, and the choice to brew beer in this brewery instead of using the resources to feed the people of North Korea is a(n) ________ cost

A) explicit; explicit B) explicit; implicit C) implicit; implicit D) implicit; explicit

Economics

Which of the following is most likely to increase the market wage rate in a job category?

a. The employer provides a generous pension plan. b. The work is widely viewed as safe and not stressful. c. The job is widely viewed as interesting and prestigious. d. The job requires employees to move from city to city quite often.

Economics