The aims of mercantilists do not include
a. achieving power and wealth for the state.
b. achieving political and economic unity.
c. keeping artisans in the home country.
d. All of the above were aims of the mercantilists.
d. All of the above were aims of the mercantilists.
Economics
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All of the following are examples of explicit cost a firm might incur except
A) taxes owed to the state government. B) the revenue a firm generates in using its resources. C) the rental value of the warehouse space the company owns and uses for itself. D) the out-of-pocket expense to hire employees.
Economics
If a person attends a public college and is not hired because the boss went to a private college, this might be an example of
A) statistical discrimination. B) racial discrimination. C) screening. D) moral hazard.
Economics