In the long run a perfectly competitive firm operates ____ and a monopolistically competitive firm operates ____.
a. at the efficient scale; with excess capacity
b. at the efficient scale; at the efficient scale
c. with excess capacity; with excess capacity
d. with excess capacity; at the efficient scale
Question 2
A fixed exchange rate can be an equilibrium rate even if there is a permanent shift in the foreign exchange market supply and demand curves.
a. True
b. False
Indicate whether the statement is true or false
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
The opening of the throttle plate can be delayed as long as 30 milliseconds (0.030 sec) to allow ...
Long-range forecasts
I need help fill up the chart attached phtoto long question