The downward-sloping part of the long-run average total cost curve is a result of:
a. economies of scale
b. diseconomies of scale.
c. constant returns to scale.
d. diminishing marginal returns.
a
Economics
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When the price of a coupon bond increases,
A) the coupon rate declines B) the coupon rate increases C) the current yield declines D) the current yield increases
Economics
Economists typically date the beginning of the gold standard to the period:
a. before 1500. b. before 1776. c. between 1880 and 1914. d. between the two world wars. e. between 1970 and 2000.
Economics