What is the opportunity cost of economic growth?
A) current period consumption goods
B) land
C) current period capital goods
D) both current period consumption and capital goods
E) both current period capital goods and land
A
Economics
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The long-run equilibrium of monopolistic competition is characterized by
A) P = MC = ATC. B) P = MC > ATC. C) P = MR = MC. D) P = ATC > MC.
Economics
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Economics