Suppose a used car dealer can earn an additional $25,000 in revenue per year by increasing advertising on a local radio station from 3 times a day to 5 times a day
At what additional cost would this increase in advertising not be considered economically rational?
If the additional cost of the increase in advertising exceeds $25,000 per year, the decision would not be economically rational.
Economics
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By making exchange ________, money allows for ________ and higher ________
A) harder; specialization; costs B) easier; specialization; productivity C) easier; specialization; costs D) harder; generalization; productivity
Economics
The average tax rate is defined as
a. the average number of times a circulating dollar is taxed during a year. b. the change in the tax rate as income increases. c. the change in the tax rate as income decreases. d. tax liability divided by taxable income.
Economics