One of the benefits of specialization is
A) greater output.
B) people enjoy doing one repetitive task over and over.
C) specialists cost less to hire.
D) training costs are higher.
A
Economics
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In the above figure, if the price is P1, the firm will produce
A) nothing. B) where MC equals ATC. C) where MC equals P1. D) where ATC equals P1.
Economics
If Treasury deposits at the Fed are predicted to ________, the manager of the trading desk at the New York Fed bank will likely conduct ________ open market operations to ________ reserves
A) rise; defensive; drain B) fall; defensive; drain C) rise; dynamic; inject D) fall; dynamic; drain
Economics