This topic contains a solution. Click here to go to the answer

Author Question: Goldsmiths who issued receipts for the customer deposits of gold or silver coins were probably the ... (Read 179 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
Goldsmiths who issued receipts for the customer deposits of gold or silver coins were probably the originators of
 
  A) money.
  B) paper money.
  C) seignorage.
  D) Federal Reserve notes.

Question 2

The long-run equilibrium for a perfectly competitive firm occurs at the minimum point of the ________.
 
  A) total fixed cost curve
  B) average fixed cost curve
  C) average total cost curve
  D) marginal cost curve



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DHRUVSHAH

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

B

Answer to Question 2

C




folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

For a complete list of videos, visit our video library