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  • Which of the following signals to the owners of scarce resources are the best uses of those resources? #531
  • The primary inducement for new firms to enter an industry is: #532
  • Managerial economics generally refers to the integration of economic theory with business #533
  • As more firms enter an industry #534
  • Scarce resources are ultimately allocated toward the production of goods most wanted by society because: #535
  • The opportunity cost of receiving ten dollars in the future as opposed to getting that ten dollars today is: #536
  • If the interest rate is 5%, what is the present value of ten dollars received one year from now? #537
  • If you put $1,000 in a savings account at an interest rate of 10%, how much money will you have in one year? #538
  • If the interest rate is five percent, the present value of $200 received at the end of five years is: #539
  • When dealing with present value, a higher interest rate: #540
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