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.
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