A firm experiencing constant economies of scale will have a long-run average cost curve that is:

The term "property rights" refers to

A) the physical possession of a house or any other property which the owner legally purchased. B) the ability to exercise control over one's own resources within the confines of the law. C) the right of a business not to have its assets confiscated by the government in the event that the business is accused of committing fraud. D) the government's right to appropriate land from wealthy land owners to redistribute to peasants.

What are remittances and what role do they in developing countries? How could this potentially benefit an economy?

What will be an ideal response?