Low wages may be traceable to all of the following except one. Which is the exception?
a. low productivity
b. too much saving
c. unstable business climate
d. poor education and training
e. lack of adequate physical capital supplied to labor
B
Economics
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After graduating from college, Jim had three choices, listed in order of preference: (1) Move to Florida from Philadelphia, (2) work in a car dealership in Philadelphia, or (3) play soccer for a minor league in Philadelphia. His opportunity cost of moving to Florida includes
a. the benefits he could have received from playing soccer b. the income he could have earned at the car dealership c. both a and b d. cannot be determined from the given information
Economics
Slope is measured as run/rise
a. True b. False Indicate whether the statement is true or false
Economics