This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a fixed exchange rate system, speculation regarding an expected revaluation or devaluation of a ... (Read 114 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
In a fixed exchange rate system, speculation regarding an expected revaluation or devaluation of a currency makes it more difficult to maintain the existing exchange rate.
 
  Indicate whether the statement is true or false

Question 2

Comment on the following statement: The shape of a firm's long-run average cost curve is determined by both external and internal economies (or diseconomies) of scale.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

The statement is false. The shape of a firm's long-run average cost curve is solely determined by internal economies (or diseconomies) of scale. External economies (or diseconomies) of scale shift the firm's long-run average cost curve.


geodog55

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

The metanephridial filtration system of annelids. The metanephridial filtration system of annelids.
The male reproductive system. The male reproductive system.
Saturn’s Ring System Saturn’s Ring System
Neural Pathways of the Gustatory System Neural Pathways of the Gustatory System
Basic structure of the autonomic nervous system. Basic structure of the autonomic nervous system.
Skeletal system Skeletal system
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library