What is the marginal revenue from selling the third unit?

a. $50
b. $100
c. $150
d. $0

b

Economics

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Two receptionists work at Widget, Inc., one in the morning and one in the afternoon. They are an example of

a. job specialization b. job rotation c. job sharing d. none of the above

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Refer to Table 9-3. If the required reserve ratio is 10%, what is the value of the bank's required reserves?

A) $25 million B) $40 million C) $60 million D) $75 million

Economics