Refer to the table above. Laborland's net factor payments from abroad equal _______

Author Question: Refer to the table above. Laborland's net factor payments from abroad equal ________. A) -18 ... (Read 65 times)

mspears3

Hero Member
Posts: 586

on: Jun 30, 2018

Refer to the table above. Laborland's net factor payments from abroad equal ________.

A) -18 billion B) -20 billion C) 25 billion D) 20 billion

Question 2

What is a marginal cost?

What will be an ideal response?

ladyjames123

Sr. Member
Posts: 346

Reply #1 on: Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

A marginal cost is the additional cost resulting from a small increase in the production of a good.

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