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Author Question: Given the following hypothetical data where C = 3,000; I = 1,200; G = 2,000; X M = 500; ... (Read 43 times)

scienceeasy

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on: Jun 30, 2018
Given the following hypothetical data where C = 3,000; I = 1,200; G = 2,000; X  M = 500; depreciation = 200; transfer payments = 800, net domestic product is _____.
 a. 5,500
  b. 5,700
  c. 6,200
  d. 6,400
  e. 6,900

Question 2

The profit-maximizing employment level for a monopsonist occurs where:
 a. wage = MFC.
  b. wage = MRP.
  c. price = wage.
  d. wage = TWC.
  e. MRP = MFC


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ong527

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


scienceeasy

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Reply #2 on: Jun 30, 2018
Thank you :)


ong527

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Reply #3 on: Jun 30, 2018
Happy to help you


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