In the long run, a firm in a perfectly competitive industry will supply output only if its total revenue covers its
A) implicit costs. B) fixed costs.
C) explicit costs plus its implicit costs. D) explicit costs.
Question 2
An increase in the price level results in a(n) ________ in the quantity of real GDP demanded because ________.
A) decrease; a higher price level increases consumption, investment, and net exports.
B) increase; a higher price level increases consumption, investment, and net exports.
C) decrease; a higher price level reduces consumption, investment, and net exports.
D) increase; a higher price level reduces consumption, investment, and net exports.
Local and long–distance cell communication in animals.
U.S. Output and Productivity Growth, 1870–2007
Summer squash exhibiting various fruit-shape phenotypes, including disc, long, and sphere
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Long bone formation