The above table shows a firm's A) long-run costs. B) ...

[dakota nelson]

The above table shows a firm's
 
  A) long-run costs.
  B) short-run costs.
  C) short-run and long-run costs.
  D) More information is needed to determine if the costs are long-run costs or short-run costs.

Question 2

Purchasing power parity means equal rates of return.
 
  Indicate whether the statement is true or false

[l.stuut]

Answer to Question 1

B

Answer to Question 2

FALSE