If Joey joins the military, he can learn different skills that could be useful in his later career. A.
True
B.
False

Describe what fixed costs and marginal costs mean to a company.

Which of the following events could increase the demand for labor? a. an increase in the marginal productivity of workers b. a decrease in the amount of capital available for workers to use c. a decrease in the wage paid to workers d. a decrease in output price

Present values. the 2-year discount factor is .92. what is the present value of $1 to be received in year 2? what is the present value of $2,000? (lo5-2)