Refer to the accompanying table below. The average benefit of 2 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225
A. $80
B. $40
C. $60
D. $20
Answer: A
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Which of the following is not a reason why some production continues in households?
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Explain why the changes we observe in nominal exchange rates in the short run must be due primarily to changes in the real exchange rate in countries with low inflation.
What will be an ideal response?
For a monopolistically competitive firm, the firm's demand curve is:
A. downward sloping. B. horizontal. C. upward sloping. D. None of these