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Author Question: Refer to the table above. Laborland's net factor payments from abroad equal ________. A) -18 ... (Read 22 times)

mspears3

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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

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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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