A franchisee is likely to command_____ earnings than a salaried manager

a. Higher
b. Lower
c. The same
d. None of the above

a

Economics

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In a perfectly competitive market, the horizontal sum of all the individual firms' supply curves is

a. zero. b. equal to the industry profits. c. the market supply curve. d. a horizontal line.

Economics

Use the aggregate expenditures model and the following values to answer the next question. AMPCIGT$7500.5$1,000$1,000$500Determine equilibrium consumption for this economy.

A. $3,500 B. $3,250 C. $3,000 D. $2,500

Economics