The curvature of the production function shows that as employment increases, the productivity of labor
A) remains positive and increases.
B) remains positive but decreases.
C) decreases and becomes negative.
D) remains constant.
B
Economics
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In the United States, the inflation rate has
A) remained almost constant over the past 25 years. B) risen and fallen since the 1970s. C) fallen as a result of OPEC oil price hikes. D) risen constantly over the past 30 years.
Economics
Institution that is established to benefit society and is operated like a business:
a. trade association b. nonprofit organization c. producer cooperative d. limited partnership
Economics