Multiple Choice
Some firms use large amounts of capital and small amounts of labour, while others use small amounts of capital and large amounts of labour to
A) use surpluses of labour and capital and eliminate unemployment of these resources.
B) use the best available technology.
C) use the resources that are most readily available.
D) maximize profit.
E) maximize production.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Flora's Flowers bought a new van last
Q40: Susan invests $1,000 to buy shares of
Q41: Which one of the following statements is
Q43: Mr. Brown opens his restaurant as a
Q44: Firm A can produce a unit of
Q46: The implicit rental rate<br>A)is the firm's opportunity
Q47: The North American economy is _ and
Q48: Which one of the following statements is
Q49: Federal Express enters into contracts with independent
Q89: Which one of the following statements about