Margin suggests additional or incremental.

a. true
b. false

Ans: a. true

Economics

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The term human capital refers to

A) labor resources used to make capital equipment. B) buildings and machinery. C) people's knowledge and skill. D) entrepreneurship and risk-taking.

Economics

Vertical relationships can increase profits through

a. preventing firms from evading regulation b. eliminating a double-markup problem c. making the incentives of manufacturers and retailers unaligned d. preventing price discrimination

Economics