If product prices decrease more than nominal wages decrease, the real value of wages will increase

Measures of aggregate output have been published on a regular basis in the United States since

A) 1947. B) 1933. C) 1917. D) 1946.

When choosing the production level for tomorrow you find that at an output of 100 units, the total variable costs are $20,000 and the average fixed cost is only $50 . If the market price is $200, you should

a. hire an economic consultant b. produce at a loss equal to $5,000 c. produce more than 100 units d. produce fewer than 100 units e. produce where MC is at a minimum