Which country is the biggest producer of mercury in the world ?
Which country is the biggest producer of mercury in the world ?
A. Mexico
B. Canada
C. Italy
D. Germany
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If you were running a firm in a perfectly competitive industry, you would be spending your time making decisions on ?
If you were running a firm in a perfectly competitive industry, you would be spending your time making decisions on ?A. how much to spend on advertising?
B. how much of each input to use?
C. What price to charge
D. none of theseThe Gini coefficient is ?
The Gini coefficient is ?A. the ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families
B. the most common way of representing the income distribution graphically
C. a commonly used measure of the degree of inequality in an income distribution
D. a commonly used measure of the degree of inequity in an income distributionDiminishing marginal return implies ?
Diminishing marginal return implies ?A. decreasing average fixed costs.
B. decreasing marginal costs.
C. decreasing average variable costs.
D. increasing marginal costs.A grocery store should close at night if the ?
A grocery store should close at night if the ?A. variable costs of staying open are less than the total revenue due to staying open.
B. total costs of staying open are less than the total revenue due to staying open
C. variable costs of staying open are greater than the total revenue due to staying open
D. total costs of staying open are greater than the total revenue due to staying openAs resources are shifted from one industry to another this can be shown by ?
As resources are shifted from one industry to another this can be shown by ?A. An inward shift of the production possibility frontier
B. A movement along the production possibility frontier
C. An outward shift of the production possibility frontier
D. The pivoting of the production possibility frontierAccording to Weber’s thesis ?
According to Weber’s thesis ?A. Protestants disapproved of accumulating wealth
B. Protestants failed to restrict extravagance and conspicuous consumption
C. Roman Catholicism expressed its asceticism in a secular vocation
D. capitalism was most advanced in Protestant countries