Businesses go to credit markets in order to
A) obtain capital.
B) obtain financial assets that can be used to buy capital.
C) obtain capital so they can earn rents.
D) channel their savings into investments.
B
Economics
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The figure above contains several budget lines for Sarah, who uses her income to purchase two goods, cheese and crackers
a) A movement between which two budget lines represents an increase in income? b) A movement between which two budget lines represents an increase in the price of a pound of cheese? c) A movement between which two budget lines represents an increase in the price of a box of crackers?
Economics
What does a firm's LRAC curve show? How is it related to the firm's short-run ATC curves?
What will be an ideal response?
Economics