In the long run, in a monopolistically competitive market, price will be
A) equal to MR.
B) equal to MC.
C) greater ATC.
D) equal to ATC.
D
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You are an economic advisor to the president. You are asked to recommend a policy to promote long-term economic growth in the economy. Which of the following policies would you choose?
A) a reduction in taxes on luxury yachts B) an investment tax credit C) a reduction in sales taxes D) all of the above
An increase in demand could arise from which of the following factors
a. an increase in income b. a decrease in the price of a substitute c. an increase in the price of a complement d. all of the above
Which of the following creates a positive social rate of return?
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What is wearing a red hat?
a. A communist party registeration b. Use the name of the state institution to cover the private enterprises c. It is a collectively owned by villagers d. It is that the economy of China has trouble providing for all the needs of the people e. All of the above