Which of the following is not a form of nonmarket work?
a. working on your car at home
b. doing your laundry in a laundromat
c. making bread for a dinner at your sister's house
d. caring for your sister's children as a favor
e. babysitting for a fee
E
Economics
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What makes up M1? Is M1 larger or smaller than real GDP?
What will be an ideal response?
Economics
The change in a firm's total cost from producing one more unit of a good or service is
A) the result of economies of scale. B) the definition of marginal product C) the definition of marginal cost. D) impossible to observe in large firms with many manufacturing plants.
Economics