Author Question: Which of the following resources will a producer demand another unit of so long as the additional ... (Read 41 times)

lunatika · **on:** Jun 30, 2018

Which of the following resources will a producer demand another unit of so long as the additional unit's marginal revenue exceeds its marginal cost?
a. labor
b. capital
c. natural resources
d. entrepreneurial ability
e. All of the answers are correct.

Question 2

The distribution of income in the United States is
a. more concentrated than the distribution of income in other developed countries throughout the world
b. significantly more even than the distribution of income in other developed countries throughout the world
c. quite similar to the distribution of income in other developed countries throughout the world
d. significantly less even than the distribution of income in most developing countries
e. quite similar to the distribution of income in most developing countries