Which of the following causes average total cost to rise at high levels of output?

If the money supply is $600 and nominal income is $3,000, the velocity of money is

A) 1/50. B) 1/5. C) 5. D) 50.

Which piece of legislation forbids most forms of price discrimination?

a. Sherman Act b. Robinson-Patman Act c. Cellar-Kefauver Act d. Clayton Act