In a constant-cost industry, price always equals A) LRMC and ...

[tnt_battle]

In a constant-cost industry, price always equals
 
  A) LRMC and minimum LRAC.
  B) LRMC and LRAC, but not necessarily minimum LRAC.
  C) minimum LRAC, but not LRMC.
  D) LRAC and minimum LRMC.
  E) minimum LRAC and minimum LRMC.

Question 2

There are substantial racial differences in college attendance, within income classes.
 
  Indicate whether the statement is true or false

[Jsherida]

Answer to Question 1

A

Answer to Question 2

F

[tnt_battle]

Great answer, keep it coming

[lcapri7]

Thanks for the timely response, appreciate it