When marginal cost is increasing, average total cost must be increasing

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Suppose you borrow $5,000 at an interest rate of 8%. If the expected real interest rate is 3%, then the rate of inflation over the upcoming year that would be most beneficial to you would be

A) 0%. B) greater than 0% but less than 5%. C) equal to 5%. D) greater than 5%.

Economics

A portfolio is a

A) brokerage house specializing in the trading of common stock. B) brokerage house specializing in the trading of corporate bonds. C) measure of the risk involved with a holding a particular asset. D) collection of assets.

Economics