Consider the following statement: "in general, profit opportunities are rare. at any time, many people are searching for them, and as a consequence, few exist." which type of market does this statement best describe?

a. efficient market
b. international market
c. closed market
d. open market

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)