If the United States government wants to eliminate an unfavorable balance of trade, it could

With ________, firms value assets on their balance sheet at what they would sell for in the market

A) mark-to-market accounting B) book-value accounting C) historical-cost accounting D) off-balance sheet accounting

If a firm experiences economies of scale,

a. it moves up along the long run average total cost curve. b. expansion of output becomes more expensive for the firm. c. the firm can reduce its per unit cost by producing less. d. the firm must shut down in the long run. e. the firm can reduce its per unit cost by expanding production.