The formula for MC is
A. ?TVC/q.
B. q/TVC.
C. ?TVC/?q.
D. TVC/q.
Answer: C
You might also like to view...
The slope of an indifference curve is called the
A. bliss gradient. B. happiness slope. C. average transformation rate. D. marginal rate of substitution.
The effect of government spending or tax cuts on national income is measured by the:
A. multiplier. B. output gap. C. aggregator. D. tax rate.
Markets that require workers with similar human capital:
A. are more connected than others. B. often have similar wages, because they employ similar workers. C. vie for the same workers, who can interchange one type of employment for another. D. All of these statements are true.
In the graph showing aggregate demand and aggregate supply after a negative supply shock, we can see that high energy prices in the late 1970s caused ______.
a. a leftward shift in the aggregate demand curve
b. a rightward shift in the aggregate demand curve
c. a leftward shift in the short-run aggregate supply curve
d. a rightward shift in the short-run aggregate supply curve