During the colonial period the cost of building a ship in New England was typically _________ the cost of building the same ship in England
a. greater than
b. less than
c. about equal to
d. not comparable to
b. less than
Economics
You might also like to view...
Referring to Figure 19.2, the effect of a decrease in U.S. interest rates is represented by a movement from point
A) b to c. B) c to d. C) d to a. D) c to b.
Economics
The long-run marginal cost is the additional cost incurred by the firm when producing one more unit of output, holding the amount of capital constant.
Answer the following statement true (T) or false (F)
Economics