In order to produce 100 oatmeal cookies, Goodie Cookie Co incurs an average total cost of $0.25 per cookie. The company's marginal cost is constant at $0.10 for all oatmeal cookies produced. The total cost to produce 50 oatmeal cookies is _____

It is customary to express changes in the exchange rates of two currencies over time, as:

a. the loss of purchasing power of one currency divided by the loss of purchasing power of the other currency. b. the percentage change expressed as an appreciation or depreciation of one against the other. c. a ratio of the absolute values (without signs). d. a ratio of the price of gold in each nation.

Which of the following would be most likely to enhance the growth rate of an economy?

a. imposition of a quota restricting the quantity of steel imports b. gradual elimination of all tariffs over the next 10 years c. legislation limiting the number of hours employees can work during a week to 32 d. legislation requiring employers to provide one year of severance pay to any employee who is dismissed from employment