Refer to the above table. Which country had the largest increase in per capita real GDP between 2014 and 2015?

A) A B) B C) C D) D

C

Economics

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Refer to the scenario above. Which of the following will be true if the service center has a reputation of trustworthiness?

A) The equilibrium outcome will be equitable. B) A unique equilibrium will not occur. C) Multiple equilibria will occur. D) The equilibrium outcome will be socially efficient.

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A firm will make a profit when

A) P > AVC. B) P = MC. C) P > ATC. D) P = ATC.

Economics