The fact that a perfectly competitive firm has a perfectly elastic demand curve means
A) there is no limit to the firm's profits.
B) there is no limit to the firm's revenues.
C) that it can sell all it wants at any price.
D) None of the above
Question 2
Which of the following will cause the average fixed cost curve of making cigarettes to shift?
A) a 5 million penalty charged to each cigarette maker
B) a 1 per pack tax on cigarettes
C) a 3 per hour wage increase
D) an increase in the demand for cigarettes
Gangrene of the toes and foot as a result of an infection often means eventual amputation.
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One-handed kneading. Tissues are lifted with the whole hand in firm contact.
J or U dose-response curve
The Lorenz Curve for the United States, 2009