Technological innovation in the production of computers has led to
A) a decrease in the quantity demanded for computers.
B) a rightward shift of the supply curve for computers.
C) a decrease in the quantity supplied of computers.
D) None of the above.
B
Economics
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A perfectly competitive firm's short-run supply curve is the same as its
A) ATC curve. B) MR curve. C) AVC curve. D) MC curve above the minimum of the AVC curve.
Economics
What does it mean for a money market mutual fund to "break the buck"?
A) The value of its share declines below $1. B) It incurs losses on its investments. C) It increases its fees to more than 1% of net asset value. D) It is unable to meet the demand for withdrawals by investors.
Economics