In the classical model, the aggregate supply curve is
A) horizontal. B) vertical.
C) upward sloping. D) downward sloping.
B
Economics
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If a perfectly competitive firm's price is less than its average total cost but greater than its average variable cost, the firm
A) is earning a profit. B) should shut down. C) is incurring a loss. D) is breaking even.
Economics
Which of the following pairs of nations received the most remittances from their emigrants in 2011?
A. Mexico and Egypt. B. China and India. C. Pakistan and Iran. D. Vietnam and Thailand.
Economics