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Author Question: The gross domestic product measures the value of all final goods and services produced by resources ... (Read 119 times)

Melani1276

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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.


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Jody Vaughn

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

False

Answer to Question 2

a


Melani1276

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Reply 2 on: Jun 30, 2018
Excellent

kthug

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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