The price of admission to Walt Disney World
A) is the same for everyone.
B) is kept low to attract customers, but prices of food and souvenirs inside the park vary by your age, address and other factors.
C) can vary by your age and address.
D) is determined by the weather on the day of admission.
C
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The assumption that eliminating one family member is presumed to have no effect on family income is realistic
Indicate whether the statement is true or false
If the MRP of the 13th worker hired is $40 and the MLC of that worker is $34, the firm
a. lost money by hiring that worker b. cannot hire that worker unless more capital is added to production, in which case the firm will profit if the cost of the worker and capital is less than the revenue theworker generates c. profited only if price of the good increased d. must have lost money on the 12 workers it hired prior to hiring this 13th worker e. profited by hiring that worker