The cost associated with hiring one more unit of labor is
A) economic cost.
B) opportunity cost.
C) capital cost.
D) marginal cost.
E) absolute cost.
D
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Use Scenario 12.2 to answer the question. How much cheaper is the Wisconsin alternative when SAGE is indifferent between Oklahoma and England?
A) about 3,221 B) about 2,967 C) about 4,428 D) about 3,967
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Which of the following are advantages of international funds?
I. greater diversification II. potentially higher returns III. income is taxed at a lower rate IV. ease of investing compared to buying individual foreign securities A) I and III only B) I, III and IV only C) I, II and IV only D) II, III and IV only
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