Vickery auctions are

a. Oral auctions
b. Second price sealed bid auctions
c. English auctions
d. None of the above

b

Economics

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About what percent of the world's water supplies are used for agricultural purposes?

a. 90 b. 70 c. 45 d. 20 e. 10

Economics

If a firm adopts a labor-saving piece of technology, it will:

A. increase the marginal product of labor. B. decrease the marginal product of labor. C. increase the marginal supply of labor. D. decrease the marginal supply of labor.

Economics