If Jason's fixed cost totals $800 with variable cost per unit of $10 at a quantity of 80 units, what would his average total cost at 80 units of output equal?

In the long run, a firm will enter a competitive industry if

a. total revenue exceeds total cost. b. the price exceeds average total cost. c. the firm can earn economic profits. d. All of the above are correct.

The three members of the commission that originally drew up the boundaries of the Federal Reserve Districts and the locations of the district banks were the

A) Comptroller of the Currency, the Secretary of the Treasury, and the Secretary of Agriculture. B) Secretary of State, the Secretary of the Treasury, and the Speaker of the House of Representatives. C) Secretary of State, the Secretary of Commerce, and the Vice President. D) Secretary of the Treasury, the Secretary of Commerce, and the Vice President.