A decrease in the interest rate will:
a. increase the amount of money borrowed by firms
b. decrease the amount of money borrowed by firms.
c. have an ambiguous effect on the amount of money borrowed by firms.
d. have no effect on the amount of money borrowed by firms.
a
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A price-discriminating monopolist will equate
A) price and marginal cost in each market. B) price and marginal revenue in each market. C) marginal revenue and marginal cost in each market. D) average revenue and marginal revenue in each market.
Refer to the above table. What is the marginal factor cost when the firm employs the second unit of labor?
A) $19
B) $21
C) $36
D) $38
What stage of the business cycle immediately follows the trough?
a. Recession b. Peak c. Depression d. Recovery
xplain how technology can shift the supply curve to the right.
What will be an ideal response?