In the above figure, the total cost of producing the profit maximizing level of output is shown by rectangle
A) 0P1AQ1.
B) 0P5EQ5.
C) 0P4HQ4.
D) 0P2BQ1.
D
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When the coupon rate on newly issued bonds increases relative to older, outstanding bonds, what happens?
A) The market price of the older bond falls in the secondary market. B) The market price of the older bond rises in the secondary market. C) Older bonds will sell for more than their face value. D) Older bonds can still be sold at their face value.
Consider a market that sells some of its goods as exports. Who does NOT benefit?
A) foreign consumers B) workers in the industry C) domestic consumers D) domestic producers
Which of the following both make the interest rate on a bond higher than otherwise?
a. the interest it pays is taxed and it was issued by a financially strong corporation b. the interest it pays is taxed and it was issued by a financially weak corporation c. the interest it pays is tax exempt and it was issued by a financially strong corporation d. the interest it pays is tax exempt and it was issued by a financially weak corporation
If foreign exchange rates are determined by the interaction of supply and demand forces for the various currencies, then the exchange rate is:
A. fixed. B. government-determined. C. set by the value of gold. D. floating.