If a firm experiences decreases in the per-unit costs of production as its network increases, then this firm is experiencing

Raising the personal income tax rate rotates the consumption function ________ and ________ the tax-adjusted MPC

A) downward; raises B) upward; raises C) downward; lowers D) upward; lowers

For a monopolistically competitive firm, price equals average revenue

Indicate whether the statement is true or false