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Author Question: The mean (average) income of 25 employees working in a firm is 1,754 per month. What is the total ... (Read 106 times)

jerry coleman

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on: Jun 29, 2018
The mean (average) income of 25 employees working in a firm is 1,754 per month. What is the total income of all the employees?
 
  A) 40,000
  B) 43,850
  C) 56,225
  D) 63,950

Question 2

George and Michael can gain from exchange
 
  A) unless one has an absolute advantage in all goods.
  B) if each specializes in the production of the good for which he has the higher opportunity cost.
  C) if each specializes in the production of the good for which he has the lower opportunity cost.
  D) unless they have different opportunity costs.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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jaaaaaaa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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jerry coleman

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Reply #2 on: Jun 29, 2018
Thank you :)


jaaaaaaa

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Reply #3 on: Jun 29, 2018
Happy to help you


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