The figure above portrays a total revenue curve for a perfectly competitive firm. Curve A is straight because the firm
A) is a price taker.
B) faces constant returns to scale.
C) wants to maximize its profits.
D) has perfect information.
A
Economics
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Use the following diagram to answer the next question. 
The diagram illustrates the pattern of
A. wage movements over time. B. business cycles. C. price level movements. D. economic growth patterns.
Economics
Why do workers exert more effort when they are paid higher salaries?
What will be an ideal response?
Economics
Why is the budget line negatively sloped?
What will be an ideal response?
Economics
If there is a surplus of euros at the current exchange rate, the exchange value of euros will tend to fall
a. True b. False Indicate whether the statement is true or false
Economics