Which of the following will become smaller and smaller as the firm expands output?
a. average total cost.
b. average fixed cost .
c. marginal cost.
d. total fixed cost.
Question 2
According to Keynes, the adoption of an expansionary fiscal policy will cause:
a. both equilibrium price level and equilibrium output to rise.
b. equilibrium price level to rise and equilibrium output to fall.
c. equilibrium price level to fall and equilibrium output to rise.
d. both equilibrium price level and equilibrium output to fall.
e. equilibrium price level to remain the same and equilibrium output to fall.
Primary production increases with an increase in total phosphorus concentration.
Lithotripsy. The direction of a sound pulse crushes the stones into smaller fragments that can be pa
Constructing large motifs from smaller ones
Average optimal blood pressure for age
Average Number of Hours Slept per Day by Various Mammalian Species
Consider a two-period economy with no investment opportunities: first and second period output ...