Productive efficiency requires production at a quantity such ...

[RODY.ELKHALIL]

Productive efficiency requires production at a quantity such that:
 a. MC = MR
 b. MC = ATC
  c. MC = D
 d. ATC = D

Question 2

The import demand curve shows the amount of the home country's:
 a. surplus at various prices below the no-trade equilibrium.
  b. shortage at various prices below the no-trade equilibrium.
  c. equilibrium no-trade quantity demanded.
  d. surplus at various prices above the no-trade equilibrium.
  e. shortage at various prices above the no-trade equilibrium.

[laurnthompson]

Answer to Question 1

b

Answer to Question 2

b

[RODY.ELKHALIL]

Thanks for the timely response, appreciate it

[scottmt]

YES! Correct, THANKS for helping me on my review