Suppose a manufacturer of software develops a new computer program that sells for $50. The $50 cost includes $0.25 for the CD it is stored on, $5 for the labor of the company software programmers, and $1.75 for packaging materials and transportation costs. Value added by the software company is
A) $49.75.
B) $48.25.
C) $48.
D) $44.75.
C
Economics
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Differences in what can help explain the wage gap between U.S. born and foreign born workers employed in the U.S.?
(a) Gender (b) Schooling (c) Immigration policy (d) All of the above
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Refer to the graph shown. Within which section(s) of the production function is marginal product increasing?
A. A B. B C. C D. A and B
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