Refer to the information provided in Figure 7.2 below to answer the question(s) that follow. Figure 7.2Refer to Figure 7.2. The average product of the first worker is ________ lawns moved.
A. 3
B. 4
C. 5
D. 11
Answer: A
Economics
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By the 20th century, the largest sector of the U.S. economy in terms of commodity output value was
a. agriculture. b. manufacturing. c. mining. d. construction.
Economics
A middleman is a person who
a. specializes in arranging trades and selling, guaranteeing, and servicing items traded. b. acts as a middle person between the top management of a business firm and the hourly employees who actually produce the goods and services. c. adds to the seller's expense and the buyer's buying price without providing a service to either. d. levies a tax on private sector activity and uses the funds to support government activities.
Economics