Using the above table, the marginal product of the 2nd worker is

A. 15.
B. 12.
C. 13.
D. 14.

Answer: D

Economics

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If a country wants to keep a foreign currency undervalued against the domestic currency:

A) it will buy both the foreign and domestic currency. B) it will sell both the foreign and domestic currency. C) it will buy the domestic currency and sell the foreign currency. D) it will buy the foreign currency and sell the domestic currency.

Economics

Most international trade takes place between countries that are far away from each other

Indicate whether the statement is true or false

Economics