A British importer buying American wheat would pay for his purchases in __________.
Fill in the blank(s) with the appropriate word(s).
dollars
Economics
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The change in a firm's total cost from producing one more unit of a good or service is
A) the definition of marginal product B) the result of economies of scale. C) the definition of marginal cost. D) impossible to observe in large firms with many manufacturing plants.
Economics
A substantial amount of trade between industrialized countries is intraindustry or intrafirm trade rather than interindustry trade
Indicate whether the statement is true or false
Economics