Many people have turned to the Internet to get the news. This has caused the circulation numbers of newspapers to fall drastically, which in turn caused their:

A. Average fixed costs to increase
B. Average total costs to decrease
C. Average fixed costs to decrease
D. Marginal costs to increase

A. Average fixed costs to increase

Economics

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Because barriers to entry are low in competitive price-searcher markets, in the long run, a firm's price will be equal to

a. marginal revenue. b. average total cost. c. average variable cost. d. average fixed cost.

Economics

Why do most economists favor emissions taxes over direct controls as a pollution deterrent?

What will be an ideal response?

Economics