The firm's most profitable output is at
A. 40.
B. 45.
C. 50.
D. 55.
D. 55.
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Other things being equal, the effect of a decrease in the price of grapes would be illustrated by
a. a rightward shift in the demand curve for grapes. b. an increase in the quantity demanded for grapes. c. a leftward shift in the demand curve for grapes. d. a decrease in the quantity demanded grapes.
Technological refers to
What will be an ideal response?
Given 'M' represents money supply, 'V' represents velocity of money, 'P' represents the price level, and 'Q' represents the total domestic output. Which of the following correctly describes the equation of exchange?
a. MV = P + Q b. MV = P - Q c. MV = P ??Q d. MV = P/Q
Which of the following are examples of financial assets that pay a long-term interest rate?
A. Money and CDs B. Saving deposits and checking accounts C. Cash and currency D. Mortgages and government bonds