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.
On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Oil and Natural Gas Production from More Wells in Smaller Areas
Total body water (TBW)
Reduced mobility in late adulthood often results in more limited activities and smaller social ...
When the exhaust is rich, the output of a zirconia oxygen sensor is above 450 mV.
One-handed kneading. Tissues are lifted with the whole hand in firm contact.