FC4: reason for growth, goods/services, productivity, division of labor/specialization
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Last updated almost 6 years ago
5 questions
1
Which of the following will lead to an increase in economic growth?
Which of the following will lead to an increase in economic growth?
1
Which of the following is an example of a good?
Which of the following is an example of a good?
1
Productivity is measured as
Productivity is measured as
1
Burt and Ernie open their own computer repair shop. Burt will manage their parts inventory and all the accounting duties. Ernie will work out front to meet customers when they drop off and pick up their computers. Burt will work on desktop computers, while Ernie will repair laptops. Burt and Ernie's arrangement is an example of
Burt and Ernie open their own computer repair shop. Burt will manage their parts inventory and all the accounting duties. Ernie will work out front to meet customers when they drop off and pick up their computers. Burt will work on desktop computers, while Ernie will repair laptops. Burt and Ernie's arrangement is an example of
1
Which of the following scenarios represents an increase in productivity?
Which of the following scenarios represents an increase in productivity?