With fixed costs of $200, a firm has average total costs of $5 and average variable costs of $3 . Its output is:
a. 66.67 units

Refer to Figure 16-3. What prices are charged in the two markets?

A) price in market A = price in market B = $10 B) price in market A = price in market B = $5 C) price in market A = $10; price in market B = $15 D) price in market A = price in market B = $15

What did Steckel (1986) find when he compared the slave population to today's white population?

(a) The mortality rates of the slaves were much higher than those of modern whites. (b) Prenatal and postnatal care was the same. (c) The number of pregnancies brought to term in each group was about the same. (d) All of the above.