In the short run, if average variable costs equal $45, average total costs equal $50, and output equals 100, the total fixed costs will equal

In the above figure, if the natural monopoly is regulated with a marginal cost pricing rule, then the deadweight loss to society is

A) zero. B) ecf. C) gde. D) efcb.

A principal cause of the business cycle is the changes in total spending that occur in the overall economy

a. True b. False Indicate whether the statement is true or false