Megan’s balance sheet shows that on february 7, 2010 she had assets totaling $27,600 and debts totaling $32,500. which of the following statements best describes her situation? select one:
a. she had equity. b. she had positive cash flow. c. she had negative net worth. d. she had liabilities. e. she had liquidity.
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Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.
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Megan’s balance sheet shows that on february 7, 2010 she had assets totaling $27,600 and debts total...
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