If the firm were a perfect competitor in the long run, what price would it charge?


$30.60 (below $31.50)

Economics

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From 1991-2000 . U.S. net capital outflow as a percent of GDP became a

a. larger positive number. b. smaller positive number. c. larger negative number. d. smaller negative number.

Economics

How much is it?

Economics

The price elasticity of demand coefficient for a good will be greater:

a. if close substitutes exist. b. if minor complements exist. c. in the short-run. d. if a small portion of the budget will be spent on it.

Economics

The degree to which an asset can be acquired or disposed of without much danger of any intervening loss in nominal value is known as

A. liquidity. B. a time deposit. C. transaction deposits. D. the opportunity cost of holding cash.

Economics