Based on the figure above, curve C is the firm's
A) marginal cost curve.
B) total cost curve.
C) average total cost curve.
D) average variable cost curve.
E) average fixed cost curve.
C
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The federal government collects taxes on
A. real capital gains. B. nominal capital gains. C. real capital losses. D. nominal capital losses.
Refer to the figure above. Which of the following combinations is attainable as well as efficient?
A) B B) C C) D D) E
In the above figure, at the price level of 140 and real GDP of
A) $15 trillion, firms will not be able to sell all their output. B) $5 trillion, firms will not be able to sell all their output. C) $5 trillion, consumers will not be able to buy all the goods and services they demand. D) $15 trillion, consumers will not be able to buy all the goods and services they demand.
All of the following will lead to a smaller discount factor except which one?
A) a smaller discount rate B) a larger discount rate C) the more interest that can be earned D) the longer the period of time until the future sum of money is received