Which of the following is the correct formula to calculate productivity?
a. Output + quantity of input
b. Output ? quantity of input
c. Quantity of input ÷ output
d. Output ÷ quantity of input
e. Output × quantity of input
d
Economics
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Oligopolists seldom change prices, because they don’t like change.
Answer the following statement true (T) or false (F)
Economics
Juanita has just started a business and is using her personal car to deliver goods. The use of her car is an example of
A. financial capital. B. an explicit cost to the business. C. interest. D. an implicit cost to the business.
Economics