The MR = MC rule applies:
A. in the short run but not in the long run.
B. in the long run but not in the short run.
C. in both the short run and the long run.
D. only to a purely competitive firm.
Answer: C
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a. An increase in coordination between firms producing complementary goods b. An increase in competition among firms producing complementary goods c. An increase in coordination between firms producing substitute goods d. An increase in competition between firms producing substitute goods
NPV calculation need to include
A) only sunk costs of a project. B) only variable costs of a project. C) all costs related to a project. D) a risk-free rate as the discount rate.
Payment by firms to landlords for commercial space is counted in aggregate accounting as:
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