Which of the following is most likely to be a fixed resource for the Speedy Word Processing and Résumé Company?

a. floppy disks
b. typists
c. computer terminals
d. electricity
e. paper

C

Economics

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Table 5.1National Income Accounts (dollar figures are in billions)Expenditures for consumer goods and services$4,565Exports$740Government purchases of goods and services$1,465Social Security taxes$510Net investment$225Indirect business taxes$520Imports$825Gross investment$865Corporate income taxes$185Personal income taxes$750Corporate retained earnings$45Net foreign factor income$20Government transfer payments to households$690Net interest payments to households$0On the basis of Table 5.1, gross domestic product is 

A. $6,995 billion. B. $6,340 billion. C. $6,170 billion. D. $7,080 billion.

Economics

If the price is below $130, what will the firm do (a) in the short run? (b) in the long run?

Economics