Which of the following will become smaller and smaller as the firm expands output?
a. average total cost.
b. average fixed cost .
c. marginal cost.
d. total fixed cost.
Question 2
According to Keynes, the adoption of an expansionary fiscal policy will cause:
a. both equilibrium price level and equilibrium output to rise.
b. equilibrium price level to rise and equilibrium output to fall.
c. equilibrium price level to fall and equilibrium output to rise.
d. both equilibrium price level and equilibrium output to fall.
e. equilibrium price level to remain the same and equilibrium output to fall.
Mars's average distance from the Sun is roughly 230 million km (1.5 AU) and its orbital period
Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the
Role of Productivity in Determining Output per Worker, 2009
Agricultural Land as a Fraction of Total Wealth in the United Kingdom
Intraaortic balloon pump. The balloon deflates during systole, so cardiac output is unimpeded.
What is the total resistance of the circuit in Figure 1? 150