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Author Question: If AVC=15 and AFC=10, then ATC= a. 10 b. 5 c. 15 d. 25[br][br][b][color=black]Question ... (Read 97 times)

kellyjaisingh

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on: Jul 1, 2018
If AVC=15 and AFC=10, then ATC=
 a. 10
  b. 5
  c. 15
  d. 25

Question 2

The purchasing power parity predicts that if the price level in the US falls relative to Mexico,
 a. The dollar will appreciate relative to the peso
 b. The dollar will depreciate relative to the peso
 c. There is no effect on either currency
 d. PPP predicts price level will normalize in the long-run


blfontai

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  • Posts: 327
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

a


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