Goldsmiths who issued receipts for the customer deposits of gold ...

[folubunmi]

Goldsmiths who issued receipts for the customer deposits of gold or silver coins were probably the originators of
 
  A) money.
  B) paper money.
  C) seignorage.
  D) Federal Reserve notes.

Question 2

The long-run equilibrium for a perfectly competitive firm occurs at the minimum point of the ________.
 
  A) total fixed cost curve
  B) average fixed cost curve
  C) average total cost curve
  D) marginal cost curve

[DHRUVSHAH]

Answer to Question 1

B

Answer to Question 2

C

[folubunmi]

Thanks for the timely response, appreciate it

[Viet Thy]

TYSM