A partnership is ________ type of business
A) the most profitable B) the most common C) the least risky D) the least common
D
Economics
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Farmer John can produce as much corn as he wants at the going price of $48 per bushel. At his current production level, the marginal cost is $18 . What should the company do?
a. Increase production b. Decrease production c. Stay at this level of production d. None of the above
Economics
If Greg uses a special glue to make model planes that he sells and the price of his model planes increases, then one would expect that the equilibrium price of the special glue would _______ and the equilibrium quantity would _________
a. increase; decrease b. decrease; increase c. increase; increase d. decrease; decrease e. increase; indeterminant
Economics