Refer to the data. If columns (1) and (3) of the demand data shown are this firm's demand schedule, the profit-maximizing level of output will be:
A. 12 units.
B. 8 units.
C. 10 units.
D. 9 units.
B. 8 units.
Economics
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Use the above table. The MFC of the 4th worker is
A) $5. B) $6.25. C) $25. D) $40.
Economics
The purpose of fiscal policy should be to
a. balance the budget to be fiscally responsible. b. balance aggregate supply and aggregate demand. c. keep taxes low to keep voters happy. d. minimize government spending to avoid wasting money.
Economics