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Author Question: External balance refers to A) an economy which is on its LM curve. B) an economy which is on ... (Read 39 times)

leilurhhh

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on: Jun 30, 2018
External balance refers to
 
  A) an economy which is on its LM curve.
  B) an economy which is on its IS curve.
  C) an economy which is on its BP curve.
  D) All of the above.

Question 2

An industry is characterized by scale economies and exists in two countries. In order for consumers of its products to enjoy both lower prices and more variety of choice
 
  A) the two countries must engage in international trade with each other.
  B) each country's marginal cost must equal that of the other country.
  C) the marginal cost of this industry must equal marginal revenue in the other.
  D) the monopoly must lower prices in order to sell more.
  E) they must combine to become a multinational corporation.


morrie123456

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


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leilurhhh

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Reply #2 on: Jun 30, 2018
Thank you


morrie123456

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Reply #3 on: Jun 30, 2018
No problemo


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