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Author Question: In long-run equilibrium, a perfectly competitive firms produces at the output level at which: a. ... (Read 79 times)

dakota nelson

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In long-run equilibrium, a perfectly competitive firms produces at the output level at which:
 a. total revenue is maximized.
 b. long-run marginal cost is minimized.
  c. average total cost is minimized.
 d. short-run variable cost is minimized.

Question 2

The largest in-kind transfer received by the poor households in the U.S. is:
 a. Old-Age, Survivors, and Disability Insurance.
  b. the Head Start special education program for poor children.
  c. Medicaid, which provides long-term medical care for the poor.
  d. the food stamp program, which distributes food coupons to poor households.
  e. Temporary Assistance for Needy Families.



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C.mcnichol98

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Answer to Question 1

c

Answer to Question 2

c




dakota nelson

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


cici

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Reply 3 on: Yesterday
:D TYSM

 

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