In the above table, which technique is technologically inefficient?
A) Technique W
B) Technique X
C) Technique Y
D) Technique Z
A
Economics
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The above figure shows the market for anti-freeze. The government imposes the sales tax shown in the figure on sellers. Automobile owners would pay a larger part of this tax than what is shown in the figure if the
A) demand were more elastic. B) demand were more inelastic. C) supply were more inelastic. D) None of the above because the buyers always pay the entire amount of the tax.
Economics
According to the equation of exchange, if M = 200, P = 100, and Q = 10, the V is:
a. 20. b. 2. c. 10. d. 5. e. 2,000.
Economics