The above table has the total revenue and total cost schedule for Omar, a perfectly competitive grower of rutabagas. Omar's total profit is maximized when he produces ________ bushels of rutabagas

A) 3
B) 5
C) 6
D) 8
E) 7

B

Economics

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International trade can have important effects on the distribution of income because

A) some resources are immobile in the short run. B) of government corruption. C) the more powerful country dictates the terms of trade. D) rich countries take advantage of poor countries. E) different countries use different currencies.

Economics

Which of the following is an argument against free trade?

A) protecting infant industries B) protecting against dumping C) protecting domestic jobs D) all of the above

Economics