The optimal plant size depends on
a. whether the firm confronts diminishing returns on its fixed factors of production.
b. the output the firm expects to produce.
c. whether the plant uses capital-intensive or labor-intensive production techniques.
d. the preferences of the individual firm owners.
B
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Explain the potential downfalls of the Fed implementing an expansionary monetary policy or contractionary monetary policy at the wrong time
What will be an ideal response?
Substantial co-payments are typically not required as a part of the health care system in
A) Canada and the United Kingdom. B) Japan and Canada. C) the United States and Japan. D) Japan and the United Kingdom.
Protection is often temporary to help infant industries.
Answer the following statement true (T) or false (F)
Assume that the money stock is the intermediate target and money demand is totally interest- inelastic. Then, the
a. LM schedule will be horizontal. b. LM curve schedule would be vertical. c. IS curve would be horizontal. d. None of the above