A curve showing the lowest cost at which a firm is able to produce a given level of output in the long run is
A) a long-run average total cost curve. B) a minimum efficient scale curve.
C) a long-run production function. D) a long-run marginal cost curve.
A
Economics
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If customer discrimination does not exist, firms that discriminate on the basis of race or sex will
A) have higher costs than those that do not. B) have the same level of costs as those that do not. C) have lower costs than those that do not. D) tend to survive whereas firms that do not discriminate will tend to fail.
Economics
What is destabilizing speculation? What role did it play in the collapse of the Bretton Woods system?
What will be an ideal response?
Economics