Ceteris paribus,if the price of raw materials rises from $4 to $8 per unit,the per-unit cost of production will rise by about:
A) 100 percent
B) 50 percent
C) 40 percent
D) 30 percent
E) 20 percent
Correct Answer:
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Q8: Ceteris paribus,if the international value of the
Q9: The aggregate demand curve:
A)is upward-sloping, because a
Q10: If Canada wants to increase its net
Q11: An increase in investment spending caused by
Q12: Exports have the same macroeconomic effect upon
Q14: If equilibrium output in an open economy
Q15: Which one of the following would not
Q16: The per-unit cost of production in the
Q17: Ceteris paribus,the real interest rate and the
Q18: The level of productivity is:
A)20
B)10
C)5
D)4
E)2
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