The average-fixed-cost curve is constant
a. True
b. False
Indicate whether the statement is true or false
False
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If a monopolistically competitive firm breaks even, the firm is earning as much in this industry as it could in any other comparable industry
Indicate whether the statement is true or false
The Sarbanes-Oxley Act gave the federal government the power to grant corporate charters
Indicate whether the statement is true or false
The most important weakness of the Sherman Antitrust Act was that:
A. the Supreme Court refused to enforce it. B. it wasn't specific about the types of acts which would violate the law. C. it didn't outlaw restraints of trade. D. it was too complicated.
The share of net public debt owed to foreign residents today is close to
A. 100 percent. B. 50 percent. C. 10 percent. D. 80 percent.