Regulated firms can be induced to tell the truth

Indicate whether the statement is true or false

T

Economics

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The marginal physical product of labor for the most recent worker hired by Ajax is 286. If Ajax were to hire an additional worker we would expect the marginal physical product of labor to

A) remain at 286. B) be below 286. C) be above 286 by a small amount. D) be above 286 by a large amount.

Economics

A good that is rival and excludable is a ______ good.

a. private b. public c. common d. club

Economics