Changes in the short-run total costs result from changes in only
A) variable costs.
B) fixed costs.
C) zero.
D) total fixed costs.
A
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Which of the following would increase net exports in the United States?
A) The United States purchases 500 silver necklaces from Mexico. B) A Mexican citizen purchases 25 shares of stock in Ford Motor Company. C) The U.S. government donates $5 million to Mexico to help victims of drought in Mexico. D) The government of Mexico purchases 500 Ford F-150 pickup trucks from the United States.
Which of the following businesses is experiencing economies of scale?
a. With each additional tool Gravel Lane Foundry makes, its long-run average total costs goes up. b. Helena’s Expeditions Inc. could serve more customers if only she could hire more experienced guides. c. Average total costs are declining at Claudia’s Candies over the long-run, thanks to better deals with suppliers. d. Circuit Shack is a well-established business with steady, predictable costs.
To determine if a firm is operating at peak efficiency we need to look at
A. a firm's ATC curve. B. a firm's demand curve. C. a firm's AVC curve. D. where MC = MR.
How does expansionary monetary policy affect a nation's exchange rate?
What will be an ideal response?