A balance of trade deficit exists when
A. net exports are negative.
B. net exports are positive.
C. exports equal imports.
D. exports exceed imports.
A. net exports are negative.
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Efficient production exists when the economy is:
A) operating inside its production possibilities curve. B) operating on its production possibilities curve. C) operating outside its production possibilities curve. D) moving beyond its production possibilities curve
Refer to the table below. Which drug should the senior manager not pursue?
The senior manager of Rx Pharmaceuticals needs to decide which of three drugs the company should consider developing. The estimated profit for each of the drugs differs depending on the market conditions when the respective drugs are introduced to the market. The above table summarizes the estimated profit for each drug under each of the three market conditions; Good, Fair, and Poor.
A) Drug Y
B) Drug X
C) Drug Z
D) all of the drugs