This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The gross domestic product measures the value of all final goods and services produced by resources ... (Read 50 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
The gross domestic product measures the value of all final goods and services produced by resources owned by a nation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A competitive car wash currently hires 4 workers, who together can wash 80 cars per day. The market price of car washes is 5 per wash, and the price of workers is 60 per day. The car wash should hire a fifth worker if it would increase total production to at least:
 a. 92 cars per day.
  b. 100 cars per day.
  c. 104 cars per day.
  d. 110 cars per day.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

a


Melani1276

  • Member
  • Posts: 516
Reply 2 on: Jun 30, 2018
:D TYSM

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

The relationship between air temperature and two measures of water vapour saturation of air. The relationship between air temperature and two measures of water vapour saturation of air.
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Earth’s Mineral Resources Earth’s Mineral Resources
Use the product rule to find derivative Use the product rule to find derivative
To find the derivative use product rule To find the derivative use product rule
Video: Integumentary Anatomy

For a complete list of videos, visit our video library