As the quantity of labor employed by a firm decreases, labor's ________ increases

A) marginal cost
B) value of marginal product
C) marginal revenue
D) average cost

B

Economics

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The above table gives assets and deposits for a (small) bank. The bank's deposits that are part of M1 are equal to

A) $3,100. B) $3,130. C) $1,600. D) $600. E) $30.

Economics

A pumped storage reservoir used regularly by an electrical utility is efficient for the utility to operate

A) even if it takes twice as much electricity to operate as it generates. B) only if it generates more electricity in the long run than it uses u

Economics