A price-searcher firm will expand output until
a. marginal revenue falls to equal the rising marginal cost.
b. marginal revenue rises to equal the falling marginal cost.
c. marginal revenue falls below marginal cost.
d. marginal cost rises above marginal revenue.
A
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Which of the following would most likely NOT be taught in a macroeconomics course?
A) price changes in the world's oil markets B) factors leading to different economic growth rates among countries C) government actions in response to a slowdown in the economy D) the relationship between the inflation rate and the unemployment rate
According to the model of voting developed in the? chapter, the choices made by government match the preferences of the median voter.
According to the model of voting developed in the? chapter, the choices made by government match the preferences of the
voter.