Which of the following is a short-run decision for a muffin shop?

a. hire more workers
b. add new ovens
c. expand into the building next door
d. open a second shop on the other side of town
e. go out of business

A

Economics

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If you leave your money in the bank at a fixed interest rate and allow for compounding of interest, show what will happen to your savings over time. Indicate with a graph whether there is a negative or positive slope between savings and time and what happens to the slope over time.

What will be an ideal response?

Economics

Which of the following is most likely a private good?

A. National defense. B. Sidewalks. C. The administration of justice. D. Bicycles.

Economics