The capital-labor ratio is the value of the economy's capital stock divided by GDP

Indicate whether the statement is true or false

F

Economics

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If a person is risk averse, then she has negative marginal utility of wealth

Indicate whether the statement is true or false

Economics

If this game is played once, then

a. Firm A will charge a lower price and firm B will charge a lower price b. Firm A will charge a higher price and firm B will charge a lower price c. Firm A will charge a lower price and firm B will charge a higher price d. Firm A will charge a higher price and firm B will charge a higher price

Economics