Which of the following curves reflects the situation in which a firm has complete flexibility in the choices of resources?

a. TFC
b. SRATC
c. LRATC
d. AVC
e. AFC

C

Economics

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Why is money you receive at some future date worth less to you than money you receive today?

What will be an ideal response?

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Many East Asian currencies during the 1990s were

a. allowed to float freely b. pegged to the Japanese yen c. pegged to the U.S. dollar d. pegged to gold e. none of the above

Economics