"Diseconomies of scale" occur in
A) the long run, but not the short run.
B) the short run, but not the long run.
C) both the short run and the long run.
D) neither the short run nor the long run.
A
Economics
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In the economy of Talikastan in 2015, exports were $500, GDP was $6400, government purchases were $1700, imports were $400, and investment was $1800 . What was Talikastan's consumption in 2015?
a. $2000 b. $2800 c. $3000 d. $3800
Economics
When we express Babe Ruth's 1931 salary in today's dollars and compare his salary to those of current New York Yankee players, we find that the current median salary of today's Yankees is
a. about three quarters of Ruth's salary. b. about the same as Ruth's salary. c. about twice Ruth's salary. d. more than four times Ruth's salary.
Economics