Capital and labor are distinct from technology since ________
A) technology is exogenous
B) technology is rival in its use
C) capital and labor are physical things
D) technology is a physical thing
C
Economics
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The above table gives some of the costs of the Delicious Pie Company. The marginal cost of increasing pie output from 200 to 300 pies equals ________ per pie
A) $1.800 B) $1,000 C) $8 D) $6
Economics
Managers in firms with market power can:
A) not influence price. B) develop strategies that involve both the demand and supply sides of the market. C) only focus on the demand side of the market. D) none of the above.
Economics