Which of the following are determinants of differences in income?

A) age
B) marginal productivity
C) discrimination
D) all of the above

D

Economics

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Refer to the figure below. If both firms offer reduced rates, each earns ________, and if both firms keep their rates high, each earns ________.

A. 500; 300 B. 300; 500 C. 300; 50 D. 50; 300

Economics

Calculate the firm's total profit.

Economics