In order to increase the capital stock, society must divert ________ that could be otherwise used to increase the supply of ________.
A. money; labor.
B. money; consumer goods
C. credit; labor
D. resources; consumer goods
Answer: D
Economics
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When a certain monopoly sets its price at $8 it sells 64 units. When the monopoly sets its price at $10 it sells 62 units. The marginal revenue for the firm over this range is
a. $22. b. $27. c. $54. d. $108.
Economics
A secondary boycott is
A) illegal according to the Taft-Hartley Act. B) a legal way to support striking workers. C) illegal according to the Wagner Act. D) legal according to the Sherman Act.
Economics