Refer to the scenario above. What is the present value of the gift voucher for Susan?

A) 30 utils
B) 45 utils
C) 90 utils
D) 180 utils

B

Economics

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Why do the governments of some developing countries use tariffs to raise revenue?

What will be an ideal response?

Economics

A firm faces the following relationship between the real wage it pays and the effort exerted by its workers. The marginal product of labor for this firm is given by MPN = E (100 - N)/9. How many workers will the firm employ?

A) 96 B) 92 C) 88 D) 80

Economics