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Author Question: China is one of the world's largest exporters. As the world's economies slipped into a worldwide ... (Read 174 times)

james0929

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on: Jun 29, 2018
China is one of the world's largest exporters. As the world's economies slipped into a worldwide recession in 2008, there was a ________ China's aggregate demand curve as China's exports ________.
 
  A) rightward shift of; decreased
  B) movement upward along; increased
  C) leftward shift of; decreased
  D) movement upward along; decreased

Question 2

In the above figure, if the price is P1, the firm will produce
 
  A) nothing.
  B) where MC equals ATC.
  C) where MC equals P1.
  D) where ATC equals P1.


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emily12345

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


james0929

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

6ana001

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Reply 3 on: Yesterday
Wow, this really help

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