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

Author Question: The function of economic institutions is to: a. determine the profit margin of producers. b. ... (Read 41 times)

cool

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The function of economic institutions is to:
 a. determine the profit margin of producers.
  b. determine how much an economy benefits from trade.
  c. define the environment in which we can trade.
  d. define the terms of trade between nations.

Question 2

The marginal cost curve intersects the average total cost curve at the firm's most efficient point of production.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

True


cool

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you :)


234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Approach used to determine the evolutionary relationships among many animal species using molecular Approach used to determine the evolutionary relationships among many animal species using molecular
Economic and Social Development Economic and Social Development
How to write a composite function f(g(x)) and g(f(x)) (Part 2) How to write a composite function f(g(x)) and g(f(x)) (Part 2)
How to vertically stretch and compress a sinusoidal function (y=a*sin⁡b(x−c)+d) How to vertically stretch and compress a sinusoidal function (y=a*sin⁡b(x−c)+d)
Sketch the graph of each function using transformations. State the domain and range. Sketch the graph of each function using transformations. State the domain and range.
economic question economic question
Video: Chemical Buffers - protein buffer, phosphate buffer system and bicarbonate buffer system

For a complete list of videos, visit our video library