Advertising costs
A) make the marginal revenue more elastic.
B) shift the ATC curve upward.
C) shift the marginal cost curve rightward.
D) indirectly shift the marginal cost curve upward.
E) affect the marginal cost but not the total cost.
B
Economics
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What is larger: M1 or M2? Why?
What will be an ideal response?
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The quantity of loanable funds demanded increases if the real interest rate falls, all other things remaining the same, because the real interest rate
A) is the opportunity cost of investment. B) is not related to the price of bonds and stocks. C) affects the supply of saving which, in turn, determines the quantity of investment. D) affects the quantity of saving supplied. E) determines the cost of living.
Economics