Inflation:
a. Always affects productivity.
b. Is likely to affect productivity when the inflation rate is high and volatile.
c. Does not affect productivity.
d. Creates incentives to work more.
.B
Economics
You might also like to view...
A firm is currently operating where the MC of the last unit produced = $64, and the MR of this unit = $70 . What would you advise this firm to do?
a. Shut down. b. Increase output. c. Stay at current output. d. Decrease output. e. Decrease price.
Economics
If Jason's fixed cost totals $800 with variable cost per unit of $10 at a quantity of 80 units, what would his average total cost at 80 units of output equal?
a. $10 b. $18 c. $20 d. $810
Economics