During the course of a week, McDonald's has enough time to hire or layoff workers, but it does not have enough time to expand its kitchen or add an additional seating area. In this situation, McDonald's:
a. has no fixed costs.
b. is in the short run.
c. suffers an economic loss.
d. earns a large profit.
Question 2
Which of these partly accounts for the long-term growth in production in the U.S. economy?
a. An increase in government spending
b. An increase in the availability of resources
c. A reduction in federal taxes
d. A gradual but consistent increase in the price level
e. A general optimism about the future and the pioneering spirit of America
Primates exhibit prolonged life histories, spending more time in each stage of life than most other
If you want to show differences between items at the same time, a bar graph is more effective than a
Maximal Heart Rate Over Time
Aggregates are people who happen to be in the same place at the same time.
In early capitalism, children worked alongside adults. At that time, just as today, most street ...
Time Line for Life’s Origin and Evolution