If all my savings are invested in my consulting company, an increase in interest rates increases my implicit costs

Indicate whether the statement is true or false

T

Economics

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How is average total cost calculated? If the total cost of producing 190 units of output is $355, what is the average total cost?

What will be an ideal response?

Economics

Supposed you are hired to be a checker at a local grocery store. After ninety days of probation you become a member of the union. As a result you feel more secure about your job and work harder to be part of the team. This is a benefit of union

membership that A) increases demand for union-made goods. B) decreases the demand for nonunion-made goods. C) increases worker productivity of union members. D) increases union dues.

Economics