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Author Question: If AVC=5 and AFC=15, then ATC= a. 10 b. 5 c. 15 d. 20[br][br][b][color=#FA1639]Question ... (Read 23 times)

tingc95

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on: Jul 1, 2018
If AVC=5 and AFC=15, then ATC=
 a. 10
  b. 5
  c. 15
  d. 20

Question 2

Purchasing power parity suggests that
 a. Given fixed prices, interest rates adjust so that a good costs the same across two countries
  b. Given fixed exchange rates, prices adjust such that a good costs the same across two countries
  c. All of the above
 d. None of the above


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xiaomengxian

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

c


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

pratush dev

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  • Posts: 321
Reply 3 on: Yesterday
Excellent

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