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Author Question: This year a firm produces 100 million worth of cars this year and sells 102 million worth of cars. ... (Read 165 times)

asmith134

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on: Jun 29, 2018
This year a firm produces 100 million worth of cars this year and sells 102 million worth of cars. Which of the following is true?
 
  A) GDP for this year will increase by 100 million.
  B) GDP for this year will increase by 102 million.
  C) Inventory investment will increase by 2 million.
  D) GDP for this year will increase by 202 million.
  E) The premise of the question is wrong because it is impossible for a firm to sell more than it produces in a given time period.

Question 2

The benefit that Joan gets from eating cherries is an example of
 
  A) when the external benefit equals the private benefit.
  B) a private benefit.
  C) an external benefit.
  D) an external cost.
  E) the marginal social cost of eating cherries.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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coyin

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asmith134

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


coyin

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


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