In the antebellum economy of the South, what was not produced for subsistence consumption?
(a) Corn
(b) Cotton
(c) Cattle
(d) All of the above
(b)
Economics
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The table below shows four alternative techniques for assembling a car. The cost of labor is $20 per hour, and the cost of capital is $10 per hour. Which of the four techniques for assembling a car is not technologically efficient?
A) T-1 B) T-2 C) T-3 D) T-4
Economics
Refer to the information provided in Figure 6.4 below to answer the question(s) that follow. Figure 6.4Refer to Figure 6.4. Bill?s budget constraint is AC. His budget constraint would shift to AD if the price of
A. black beans increased. B. bell peppers decreased. C. bell peppers increased. D. black beans decreased.
Economics