When total revenue reaches its peak (elasticity equals 1), marginal revenue reaches
A) 1.
B) zero.
C) -1.
D) Cannot be determined from the information provided
B
Economics
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What industry was the main economic impetus behind antebellum migration to the West Coast?
a. Fishing. b. Cattle. c. Fruit. d. Mining.
Economics
Consider an economy made up of 100 people, 60 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The number of people in the labor force is
a. 30 b. 60 c. 85 d. 90 e. 70
Economics