Economic modeling requires
A) mathematics.
B) logic.
C) calculus.
D) trigonometry.
B
Economics
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Workers often have ________ contracts and so their wages are ________
A) short-term; sticky B) short-term; flexible C) long-term; flexible D) long-term; sticky
Economics
The following graph is the production possibility curve for a three-person economy, with workers Janna, Drew, and Karl.
Who has the highest opportunity cost of producing rice?
A. Drew B. Kari C. Janna D. Janna and Drew
Economics