In the short run, if average variable cost equals $50, average total cost equals $75, and output equals 100, the total fixed cost must be:

a. $25.
b. $2,500.
c. $5,000.
d. $7,500.

b

Economics

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With capitalism, which of the following do market forces reward?

a. productivity and government ownership of resources b. underutilization and government ownership of resources c. productivity and private ownership of resources d. underutilization and private ownership of resources

Economics

The demand curve for money curve shows, all other things unchanged, the

A) quantity of money demanded at each price. B) quantity of money demanded at each bond rate. C) quantity of money demanded at each interest rate. D) amount of money people demand at a specific interest rate.

Economics