The purchase by a foreign government of an airplane produced in the United States is included in U.S

When countries converge,

A) they all grow at the same rate. B) poorer ones grow faster. C) richer ones grow faster. D) richer ones do not grow.

Refer to Variable Cost of Production. For what levels of output does the firm experience diminishing marginal returns?

The following questions refer to the following table which shows a firm's variable costs of production.

a. For all levels of output.
b. For the first, second, and third units of output.
c. Beyond the third unit of output.
d. For the fifth and all subsequent units of output.