When a firm's fixed cost rises, its total profit curve shifts
a. up at every output level.
b. down at every output level.
c. left at every profit level.
d. right at every profit level.
b
Economics
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The debt-to-GDP ratio decreases when the primary deficit ________ or when seigniorage ________
A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases
Economics
If there is a technological advance that lowers the cost of producing x-ray machines, then we can say that the
A. quantity supplied of those machines will go up. B. quantity demanded for those machines will increase. C. demand for those machines will shift right. D. quantity supplied of those machines will decrease.
Economics