Which of the following will likely cause a reduction in output per worker?
A) a reduction in education expenditures
B) a reduction in the saving rate
C) a reduction in on-the-job training
D) all of the above
D
Economics
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According to this Application, between 2006 and 2009, Chinese demand for pecans increased by roughly ________ percent
A) 79 B) 90 C) 456 D) 877
Economics
As long as it does not shut down, a profit-maximizing perfectly competitive firm will
A) always earn an economic profit. B) produce so that marginal revenue equals marginal cost. C) produce so that price equals average cost. D) never set its price equal to its marginal revenue.
Economics