Economists call all the goods generated by a firm its total ______.
a. margin
b. output
c. production
d. sales
b. output
Economics
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The M1 measure of money includes
A) small denomination time deposits. B) traveler's checks. C) money market deposit accounts. D) money market mutual fund shares.
Economics
Adam Smith used a famous example of what type of firm to illustrate economies of scale?
a. Apple b. a pin factory c. a lumber mill d. a British university
Economics