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 55 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Spinal cord—levels of injury; A, areas of sensory function (dermatomes); B, areas of motor function. Spinal cord—levels of injury; A, areas of sensory function (dermatomes); B, areas of motor function.
Encephalization is a function of both brain size and body size. Encephalization is a function of both brain size and body size.
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Economic Globalization Economic Globalization
How to find the indefinite integral of a function How to find the indefinite integral of a function
Thyroid Function Thyroid Function
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library