From 1680 to 1770 average ship speeds:
a. increased by 100 percent.
b. increased by 80 percent.
c. increased by 75 percent.
d. decreased by 50 percent.
e. did not change appreciably.
e. did not change appreciably.
Economics
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The ______________is a period of production long enough for producers to adjust the quantities of all of their resources.
Fill in the blank(s) with the appropriate word(s).
Economics
What does it mean when a firm is earning positive economic profit?
What will be an ideal response?
Economics