Which of the following would increase a firm's average total costs?
a. economies of scale
b. an increase in input prices
c. an improvement in technology
d. an increase in demand for the firm's product
B
Economics
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Adverse selection can only occur when there is asymmetric information?.
Indicate whether the statement is true or false.
Economics
Which of the following is an economic policy that promotes the efficient quantity of apartments?
A) a rent floor above the equilibrium rent B) a rent ceiling below the equilibrium rent C) a sales tax imposed on renting an apartment D) none of the above
Economics