Social Studies

10th -

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AP Microeconomics Unit 5

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  • 1. Multiple Choice
    30 seconds
    1 pt
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    What is the rule to profit maximize when hiring workers?

    MR = MC

    MRC = MRS

    MRP = MRC

    S = D

  • 2. Multiple Choice
    30 seconds
    1 pt
    Image

    What is the shape of the Supply curve for workers in a p.C. Firm?

    horizontal

    perfectly horizontal

    Vertical

    Downward sloping

  • 3. Multiple Choice
    30 seconds
    1 pt

    What is MRC?

    Marginal Revenue Cost

    Marginal Resource Counting

    Marginal Resource Cost

    Mad, Risky, Customers

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