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The History of Volkswagen Ferdinand Porsche started work on the ’people’s car’ with money he received from the German government in 1934. First of all he travelled to America to learn about car production. Then in 1938 he returned to Germany, founded Volkswagen Gmbh and started production with his new American machinery in Wolfsburg, Lower Saxony. Commercial production stopped during the war and the factory and its 9,000 workers fell into British hands in 1945. After the war the British helped the local economy by ordering 20,000 cars but decided not to take over the company as they did not think it had a future. Instead, Heinrich Nordhoff took over [单项选择]Are the following two statements about the marginal revenue product (MRP) of a factor of production correct Statement 1: In a price taker market, the MRP of an input is the marginal product of the input multiplied by the price of the output it generates. Statement 2: If we compare any two productive inputs, the one with the higher MRP will earn greater economic rent. Statement 1 Statement 2（）①A. Correct Correct ②B. Incorrect Correct ③C. Correct Incorrect
A. ① B. ② C. ③ [单项选择]Are the following two statements about the elasticity of labor demand correct Statement 1: Labor demand is more elastic in the short run than in the long run because other factors of production are fixed in the short run. Statement 2: The more labor-intensive a firm’s production processes, the more elastic the firm’s demand for labor will be. Statement 1 Statement 2 （）①A. Correct Correct ②B. Correct Incorrect ③C. Incorrect Correct
A. ① B. ② C. ③ [单项选择]Which of the following is true about China
A. The oil demand growth in the second quarter is 12.3%. B. Restrictions on trucking and economic growth will help reduce the oil demand. C. Extra refining capacity is also under tight control. D. The oil demand in the third quarter will fall by 9%. [单项选择]Which of the following is true about Potter
A. He is a postgraduate. B. He is qualified for teaching postgraduates. C. He is an expert in town planning. D. He has only given one undergraduate course so far. [单项选择]Which of the following is CORRECT about establishing new neighborhood
A. One who doesn’t reach out to new arrival neighbors must be rude. B. Never reach out to your neighbors before they approach you. C. It’s impolite to call your new neighbors by their first name. D. You can go ahead and introduce yourself to your neighbors. [单项选择]Which of the following is INCORRECT about David Bach
A. He is a psychologist. B. He is a financial advisor. C. He is a psychiatrist. D. He is a best-selling author. [单项选择]Which of the following is CORRECT about the accident
A. The young lady was thrown through the windscreen. B. The young lady didn’t wear a seatbelt despite Simpson’s advice. C. The two passengers were driven to hospital by Mr. Simpson. D. Simpson’s wife got more serious injuries than the young lady. 我来回答: 提交
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