Author Question: A decrease in consumer confidence can put your job at risk if A) aggregate expenditures rise. B) ... (Read 119 times)

sabina · **on:** Jun 29, 2018

A decrease in consumer confidence can put your job at risk if

A) aggregate expenditures rise.
B) aggregate expenditures fall.
C) consumers expect firms to increase investment in the future.
D) consumers expect their incomes to rise in the future.

Question 2

Refer to Figure 11-11. If the firm chooses to produce and sell 25,000 frames per month by operating in the short run with a scale operation represented by ATCc

A) the firm would lower its average costs by reducing its scale of operation.
B) the firm will not be able to earn a profit.
C) the firm will be operating efficiently.
D) the firm will not be operating efficiently.