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Title: Which is the best example of specialization? Post by: 123kduncan on Feb 26, 2018 Which is the best example of specialization?
A) a high school math teacher who teaches only calculus B) a firm that produces both luggage and cooking oil C) a person whose job includes accounting, personnel, and maintenance tasks D) a high school math teacher who teaches algebra and calculus Ques. 2 If government regulators make the natural monopolist set price equal to marginal cost A) the natural monopolist will make zero economic profits. B) the natural monopolist will make normal profits. C) the natural monopolist will make losses and go out of business. D) the natural monopolist will make positive economic profits larger than if it wasn't regulated at all. Ques. 3 A transfer payment is a payment A) made by the government to its current workers. B) associated with items exported to other nations. C) for in-kind services provided to the government. D) for which no services or goods are rendered. Ques. 4 Which of the following is TRUE for a monopolistically competitive firm? A) MR = P B) MR > P C) MR < P D) MR = AFC Ques. 5 Portfolio investment and foreign direct investment are methods through which A) ownership in assets are acquired in countries other than one's home country. B) U.S. residents invest funds in companies that export goods. C) U.S. residents invest funds in companies that import goods. D) short-term investments are converted to long-term ones. Ques. 6 Assume that the current price of a market basket of goods is 2,500 and the base year price of the same market basket is 1,340. The price index is A) 53.6. B) 40.0. C) 138.3. D) 186.6. Title: Which is the best example of specialization? Post by: afkjnjsnfdk on Feb 26, 2018 Content hidden
Title: Which is the best example of specialization? Post by: 123kduncan on Feb 26, 2018 Helps a lot <3
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