The addition to revenue obtained from firing an additional unit of labor is
A) total product.
B) marginal revenue product.
C) marginal factor cost.
D) marginal physical product of labor.
B
Economics
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Samara's income is $30 a month and she spends all of it on music downloads and gasoline. The price of a music download is $1.50 and the price of a gallon of gasoline is $3
At Samara's best affordable point, her marginal rate of substitution is ________ per video tape. A) 0.5 of a download B) 1 download C) 1.5 downloads D) 2 downloads
Economics
Personal income and property taxes paid by individuals are not included in the income approach of gross domestic product calculation
a. True b. False Indicate whether the statement is true or false
Economics