Some sales managers are talking sho
A) "Since our competitors raised their prices our sales have doubled."
B) "It has been an unusually mild winter; our sales of wool scarves are down from last year."
C) "We decided to cut our prices, and the increase in our sales has been remarkable."
D) none of the above
C
Economics
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What is the key macroeconomic issue of the short run and what is the key macroeconomic issue of the long run?
What will be an ideal response?
Economics
If marginal cost is less than average total cost,
a. marginal cost must be falling b. average total cost must be increasing c. average variable cost equals average total cost d. average variable cost must be decreasing e. average variable cost may be increasing or decreasing
Economics