A firm can produce 450 gallons of milk per day with 4 workers and 500 gallons per day with 5 workers. The marginal product of the fifth worker expressed in gallons per worker per day, is:
a. 35.
b. 50.
c. 70.
d. 350.
b
Economics
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The process of deregulating the airlines was initiated in the late 1970s by
a. Ronald Reagan b. George Bush c. Jimmy Carter d. Paul Volcker e. Lyndon Johnson
Economics
Capital flight is a problem facing DVCs that involves the:
A. Difficulty of sustaining skilled workers in the government sector of the DVC economies B. Transfer of private savings from DVCs to IACs C. Flight of agricultural workers from rural to urban areas, especially capital cities, to take advantage of better job opportunities D. Movement of capital goods from IACs to DVCs to avoid taxes
Economics