Paulette owns a pizza parlor. Her total cost schedule is in the above table. Her total variable cost of producing four pizzas per hour is

A) $20.
B) $49.
C) $51.
D) $71.
E) Some amount, but more information is needed to determine this total variable cost.

C

Economics

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The reason a corporation has retained earnings is to

A) pay unemployment taxes. B) make investments that will increase the value of the stock. C) avoid the double taxation of corporate profits. D) be able to make unemployment payments.

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The velocity of money is:

a. the purchasing power of money. b. the value of a dollar in relation to foreign currency. c. the average number of times each dollar is spent on final goods and services in a given year. d. the average length of time it takes for a dollar of income to be spent. e. the total amount of money that is in circulation for consumption spending.

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