In the long run, a firm can choose
A) to operate at any point on only one short-run average total cost curve.
B) to operate along any short-run average total cost curves.
C) to operate along any short-run average variable cost curves.
D) to operate along any point of its short-run marginal cost curves.
B
Economics
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The gross domestic product of a country is $500,000. If its income per worker of the population is $100, the size of its employed labor force is ________
A) 5,000 B) 200 C) 8,000 D) 2,500
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A sole proprietorship is limited to how many owners?
A) 1 B) 2 C) 10 D) There is no limit to the number of owners.
Economics