For a firm, the relationship between the quantity of inputs and quantity of output is called the

In the above figure, the vertical distance between the ATC and AVC curves is

A) the marginal cost. B) the total cost. C) the average fixed costs. D) None of the above answers is correct.

If the government increased the income tax on the rich and increased transfer payments to the poor, the most likely result would be

a. to increase investment in the economy b. the eradication of poverty c. a rise in the Gini coefficient d. an increase in the economy's rate of economic growth e. a decline in the economy's rate of economic growth