Production of a small quantity of an input is often ________ as firms typically ________ able to enjoy economies of scale.
A) profitable; are
B) profitable; are not
C) unprofitable; are not
D) unprofitable; are
C) unprofitable; are not
You might also like to view...
When economic growth is compared between countries, the best measure to use is
A) nominal GDP. B) real GDP. C) chain-weighted GDP. D) real GDP per capita.
The quantity theory of money states that increases in the money supply result in proportional increases in real GDP
a. True b. False Indicate whether the statement is true or false
Grocery coupons and mail-in rebates are forms of price discrimination
a. True b. False Indicate whether the statement is true or false
Contractionary fiscal policy is enacted when the overall effect of decisions about taxation and spending is to:
A. reduce aggregate demand. B. increase aggregate demand. C. reduce aggregate supply. D. increase aggregate supply.