A variable cost is one that changes
a. in the long run only
b. in the short run only
c. year to year
d. month to month
e. as output changes
E
Economics
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The three functions of money are medium of exchange,
a. measure of value, and standard of value. b. measure of value, and store of value. c. standard of value, and store of value d. medium of value, and store of value. e. measure of value, and deferred value.
Economics
What is human capital?
A) a slang term for the underground labor market B) manufactured goods that are used to produce other goods C) accumulated knowledge and skills acquired by a worker D) the manager or owner of a business
Economics