In peak-load pricing, once capacity is reached, the firm's short-run marginal cost curve becomes ________.
A) downward sloping
B) vertical
C) negative
D) horizontal
D) horizontal
Economics
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Labor demand depends on the interest rate because
A) household savings depend on the interest rate. B) firms discount future profits. C) of Ricardian equivalence. D) Labor demand actually does not depend on the interest rate.
Economics
After 1896 the majority of immigrants to the U.S. were from
a. Great Britain and Ireland. b. Scandinavia. c. Central, Eastern and Southern Europe. d. Germany.
Economics