The costs of a firm indicate the desire of consumers for
a. the product produced by the firm.
b. other goods that might have been produced with the same resources.
c. goods that can be easily substituted for the good produced by the firm.
d. goods that are complementary with the good produced by the firm.
B
Economics
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A country imported goods and services worth $10 billion and exported goods and services worth $11.1 billion during a particular year. This implies that the country experienced a ________ during that year
A) trade surplus B) budget surplus C) budget deficit D) trade deficit
Economics
Special taxes levied on earnings for Social Security and Medicare are called
A) an unfair tax on low-income families. B) an exception tax for corporations. C) a social insurance tax. D) a withholding tax on wages.
Economics