Durable consumer goods are goods that last more than
A. three years.
B. five years.
C. seven years.
D. one year.
Answer: A
Economics
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Refer to the table above. What is the marginal opportunity cost of transporting products to the market if the firm decides to choose factory Far over factory Very Far?
A) -$50 B) -$100 C) $50 D) $150
Economics
Suppose the insurance company cannot tell them apart but expects them to be different values and charges them an average premium of $1850 . How much profit would it make?
a. $1850 b. Zero-they would break even c. They would make a loss of $650 d. They would make a loss of $1100
Economics