A monopolistic competitor earns a profit of $1,800 by selling 900 units of output at a price of $15 per unit. This implies its average cost of production is _____

The IMF granted in November of 2008 a $15 billion dollar loan to Hungary, which was at the time undergoing financial stress as a result of the global crisis

Indicate whether the statement is true or false

Scarcity

What will be an ideal response?