Quantity of Labor Output Marginal Physical Wage Marginal Cost Product (MPP) 0 0 1 100 (C) $600 (E) 2 (A) 75 600 (F) 3 (B) 50 600 (G) 4 240 (D) 600 (H) Assume that labor is the only variable input and that each additional laborer is paid $600. What is the marginal cost of producing this good with 3 and 4 laborers working blanks (G) and (H)], respectively?a) 175 units; 225 units b) 100 units; 175 units c) 100 units; 225 units d) so units; 175 units e) none of the above

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.

How an absolute advantage might affect a country's imports and exports?