A price tag of $400 for a tablet device is an example of money as
A) a store of value. B) a time deposit.
C) a unit of accounting. D) a medium of exchange.
C
Economics
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(Consider This) According to the Consider This box "Superstars," the high pay of superstars reflects:
A. elastic product demand. B. high marginal revenue productivity. C. blocked occupational entry. D. warped societal values.
Economics
Which is the best example of a firm's implicit costs?
A) wages B) the opportunity cost of owner-provided labor C) rent D) taxes
Economics