Firms will continue to enter a competitive industry until:
a. the supply curve is vertical.
b. the market price falls below average variable cost.
c. any economic profits have been competed away.
d. all resources are fully employed.
Question 2
Per capita income is calculated as:
a. national income divided by number of households.
b. national income divided by number of people.
c. number of households divided by national income.
d. number of people divided by national income.
e. number of people divided by domestic income.
Coronary circulation. (A) Coronary vessels portraying the complexity and extent of the coronary circ
Blood supply to the pituitary gland
The age-dependent curve of salivary progresterone levels in three populations.
Dust and dirt in the air are trapped in the air filter so they do not enter the engine.
Oil supply and prices affect the economies of nations
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...