Which of the following will increase the price needed to break even?
a. A decrease in overall fixed costs
b. A decrease in the marginal costs
c. An increase in fixed costs
d. An increase in the level of production
c
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Government intervention always reduces monopoly deadweight loss
a. True b. False Indicate whether the statement is true or false
At macro equilibrium:
A. Exports equal imports. B. Money supply equals money demand. C. Population growth is stable. D. Aggregate demand equals aggregate supply.
An important element that is excluded from U.S. poverty figures is:
A. interest income. B. earned income. C. in-kind transfers such as food stamps and housing assistance. D. income tax.
Any capital resource that lacks clear title ownership is
A. human capital. B. social capital. C. dead capital. D. public capital.