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Author Question: The value of the films starring Charlie Chaplin produced in the United States that still exist will ... (Read 145 times)

rosent76

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on: Jun 30, 2018
The value of the films starring Charlie Chaplin produced in the United States that still exist will not be included in this year's U.S. gross domestic product (GDP) because:
 a. Charlie Chaplin was not an American citizen.
 b. Charlie Chaplin did not make the films this year.
 c. the films earn less revenue.
 d. the films no longer have any value except to collectors.
  e. films are intermediate goods.

Question 2

The marginal cost of labor for a perfectly competitive firm is given by:
 a. the change in total revenue that results from employing an additional worker.
  b. the market wage rate.
  c. its marginal revenue product curve.
  d. the demand curve for labor.
  e. the marginal product of labor.


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BUTTHOL369

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

b

Answer to Question 2

b


rosent76

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
Excellent

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