The above table shows the total product schedule for the campus book store. If employees are paid $6 per hour, assuming there are no other variable costs, then the average variable cost of selling books will reach its minimum at

A) 58 books sold per hour.
B) 59 books sold per hour.
C) 73 books sold per hour.
D) 83 books sold per hour.

C

Economics

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Which of the following is NOT a deficit item on a country's balance of payments?

A) gold sales to foreigners B) imports C) a personal gift to a foreign individual D) none of the above

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What primary function is money serving when you keep it in a bank account until you need it to purchase a product?

A. A double coincidence of wants. B. A medium of exchange. C. A unit of account. D. A store of value.

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