A business incurs the following costs per unit: Labor - $5/unit; Materials $3/unit and rent - $5000/month. If the firm produces 100 . units a month, the total fixed costs equals

How does the relationship between housing prices and rental rates provide evidence for or against the existence of a housing bubble?

What will be an ideal response?

Which of the following is NOT an objective of economic regulation?

A) to regulate the prices enterprises are allowed to charge B) to fix prices so that they are never allowed to rise C) to keep rates of return in an industry at a competitive level D) to prevent monopoly profits