If an individual borrows $100 at an annual rate of interest of 5%, how much interest will he have to pay at the end of a year?

If the production of a sofa requires the purchase of 3 types of inputs and the production of a harp requires the purchase of 30 types of inputs,

a. the harp-producing firm will buy the sofa-producing firm b. the sofa-producing firm will buy the harp-producing firm c. harp production is more likely to be done by firms than sofa production is d. sofa production is more likely to be done by firms than harp production is e. both harp and sofa production will always be done by firms because there is more than one input involved in each

Defining the "relevant market" involves looking at two components. They are

A) the competitive market and the dominant market. B) the local market and the national market. C) the geographic market and the product market. D) the goods market and the services market.