The best description of the economy in the long run comes from which macroeconomic theory?

Foreign direct investment that takes the form of purchasing an existing plant is often called:

a. acquisition FDI. b. greenfield FDI. c. requisition FDI. d. brownstone FDI.

As we observe the cost curves graph, we see that the

A) MC curve intersects the ATC curve at its maximum. B) MC curve cannot be U-shaped. C) ATC curve always has a negative slope. D) MC curve intersects the AVC curve and ATC curve at their minimums. E) MC constantly falls as output increases.