In the above, a marginal revenue curve for a perfectly competitive firm is shown in Figure ________
A) W
B) X
C) Y
D) Z
E) X and Figure Z
D
Economics
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The a firm's short-run cost curves shifts when there is a change in
A) technology B) the prices of factors of production C) the quantity of outputs D) Both answers A and B are correct.
Economics
Marquis borrowed $1,000 from Ayana for a year and agreed to repay her $1,050 at the end of the year. If the inflation rate was 3 percent, what is the real rate of interest Ayana received?
a. 10 percent b. 5 percent c. 3 percent d. 2 percent e. -2 percent
Economics