The above table gives techniques Jitters Coffee Company can use to package 5,000 pounds of coffee
If the cost of capital is $50 per unit and the cost of labor is $100 per unit, the economically efficient technique for packaging 5000 pounds of coffee is A) A.
B) B.
C) C.
D) D.
A
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If the level of real GDP is $14 trillion while aggregate planned expenditure is $15 trillion, then
A) inventories rise more than planned, leading firms to increase production. B) real GDP increases and planned expenditure decreases reaching equilibrium in the middle. C) aggregate planned expenditure decreases to reach the equilibrium of $14 trillion. D) inventories fall more than planned, leading firms to increase production. E) inventories rise more than planned, leading firms to cut production.
A corporation's board of directors
A) hire the managers of the corporation. B) control the day-to-day activities of the corporation. C) are personally liable for the debts of the corporation. D) are the sole owners of the corporation.