Author Question: Technological change has played a major role in increasing competition in recent years. a. True b. ... (Read 196 times)

tichca · **on:** Jun 30, 2018

Technological change has played a major role in increasing competition in recent years.
a. True
b. False

Question 2

With the total cost and total revenue curves, we measure economic profit by the __________ between the two curves. With the per-unit curves, we measure economic profit by a(n) __________.
a. vertical distance, horizontal distance
b. vertical distance, area
c. area, area
d. area, vertical distance
e. horizontal distance, area