Refer to the scenario above. If the investor plans to invest a sum of $4,000, which of the following statements is true?
A) All three investment options are equally profitable.
B) Options A and B are profitable investment options, whereas Option C is not.
C) Options A and C are profitable investment options, whereas Option B is not.
D) Options B and C are profitable investment options, whereas Option A is not.
D
Economics
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We showed above that a profit-maximizing firm will hire the number of workers such that the wage is equal to the value of the marginal product of labor
But, as the text showed in an earlier chapter, a profit-maximizing firm will produce the quantity of output such that price equals marginal cost. Are these two rules inconsistent?
Economics
What is the distinction between capital and the services of capital?
What will be an ideal response?
Economics