The amount of time an individual is willing to sell on the labor market varies positively with the value of leisure time

What is the macroeconomic consequence if firms accumulate large amounts of unplanned inventory at the beginning of a recession?

What will be an ideal response?

If marginal cost is below average total cost, then average total cost

a. is constant. b. is falling. c. is rising. d. may rise or fall depending on the size of fixed costs.