Q TC MC 10 10,000 X 20 25,000 TC is $60,000 VC is $5,500 What is FC? What is X?
What will be an ideal response?
What is FC? 4,500
What is X? 1,500
You might also like to view...
The more equal the income distribution in a society, the smaller the Gini coefficient
Indicate whether the statement is true or false
Assume that the expectation of declining housing prices cause households to reduce their demand for new houses and the financing that accompanies it. If the nation has low mobility international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and real GDP in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period falls, and real GDP falls. b. The quantity of real loanable funds per time period falls, and real GDP rises. c. The quantity of real loanable funds per time period rises, and real GDP remains the same. d. The quantity of real loanable funds per time period and real GDP remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Which was NOT an argument of the protesters against the IMF, WTO, and the World Bank?
A. We are exploiting factory workers in poor countries. B. Our subsidized grain exports sold below cost in poor countries, driving local farmers out of business. C. Globalization is hurting the American standard of living. D. Globalization is lowering American wages and exporting high paying jobs.
Long-run aggregate supply will decrease for all of the following reasons EXCEPT
A) reduced money wages. B) decreased human capital. C) reduction in the level of technology. D) decreased capital.