Fast food is faster and cheaper than a similar meal you could prepare for yourself. Which of the following does not explain that fact?

a. meal preparation has been divided into many separate tasks
b. larger-scale production allows the introduction of more efficient machines
c. workers gain productivity at a task over time
d. there is less time lost moving from one task to another
e. workers are more productive when they are being paid

E

Economics

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The annual growth rate of an economy is 10 percent. The economy's GDP will double in about ________ years

A) 12 B) 10 C) 20 D) 7 E) 14

Economics

The opportunity cost of doing something can be defined as the value of the next-best alternative

Indicate whether the statement is true or false

Economics