Investment equals inventory investment added to
A) business purchases of new capital goods.
B) purchases of new residential housing.
C) fixed investment.
D) business purchases of new capital goods and purchases of new residential housing.
E) either c or d
E
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Average total cost is equal to average variable cost minus average fixed cost
Indicate whether the statement is true or false
Adding an independent variable to a regression model will always reduce the coefficient of determination
Indicate whether the statement is true or false
A firm is producing 2,500 units at its optimal output, with average variable cost per unit of $4 and average fixed cost per unit of $2.50. If sells its output at $8 per unit, total profit is
A. $10,000. B. $3,750. C. $1,500. D. $20,000
Conglomerate mergers provide each firm in the merger with some security against high industry risk. If one part of the merged firm suffers losses because of weak market demand,
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