The table above shows techniques that can be used to produce 100 shirts. If the price of an hour of labor is $6 and the price of a unit of capital is $30, then the economically efficient technique is

A) W.
B) X.
C) Y.
D) Z.

C

Economics

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Assume the market for used single-family homes is initially in equilibrium. All else constant, an increase in home foreclosures would cause equilibrium price and quantity to decrease

Indicate whether the statement is true or false

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Corporate culture can be a strategic asset if it

A) adds value. B) adds value and can be duplicated. C) adds value and cannot be duplicated. D) can be franchised.

Economics