William is a wheat farmer and wheat sells in a perfectly competitive market, with an equilibrium price of 5 per bushel. Its marginal revenue:
a. is greater than 5.
b. is 5.
c. is less than 5.
d. cannot be determined from the above information.
Question 2
Rising income inequality is driven by:
a. an increase in employment in the manufacturing sector of an economy.
b. a progressive tax structure.
c. a rising demand for unskilled, cheap labor.
d. a technological advancement.
e. a fall in capital's share of national income.
William Herschel, discoverer of Uranus
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William Cameron Menzies, Storyboard for the burning-of-Atlanta scene from Gone with the Wind.
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production
A farmer is building a new cylindrical silo that will hold 1800 cm3 of corn. Wha
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