Per-unit production cost is:
A. real output divided by inputs.
B. total input cost divided by units of output.
C. units of output divided by total input cost.
D. a determinant of aggregate demand.
B. total input cost divided by units of output.
Economics
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Socialism in theory is based on the principle that individuals should:
A. cooperate with one another to meet their needs. B. rely on the government to meet their needs. C. look out for their own interests and let the government look out for the public interest. D. compete with one another to meet their needs.
Economics
Which of the following is added to personal income to get national income?
A. personal taxes B. retained earnings C. depreciation D. personal interest income
Economics