Cost-plus pricing may be a reasonable way to determine price when
A) marginal cost and average cost are about the same.
B) marginal cost differs significantly from average cost.
C) marginal cost and average fixed cost are roughly equal.
D) marginal cost is very low.
A
Economics
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A decrease in the demand for labor will ________ real wages and ________ employment
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Economics
Do people's incomes result from the choices they make?
A) Yes, and from no constraints whatsoever. B) Yes, but from among a limited set of options. C) No, because obviously no one would choose to be poor. D) No, because others often will not let people have what they choose.
Economics