A worker's contribution to the firm's revenue is measured directly by the worker's:
a. value of marginal product
b. marginal product multiplied by his/her wage.
c. marginal product minus his/her wage.
d. contribution to total output.
a
Economics
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At an equilibrium price, quantity demanded
a. exceeds quantity supplied. b. equals quantity supplied. c. is less than quantity supplied. d. Any of the above is possible.
Economics
Buying a cup of coffee with a dollar bill represents the use of money as a:
a. unit of account. b. medium of exchange. c. store of value. d. All of the answers are correct.
Economics