If marginal revenue is less than marginal costs
A) production should be decreased.
B) production should be decreased and profits will grow.
C) production should be decreased and losses will decrease.
D) all of these choices are possible.
D
Economics
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If your local bank buys a few billion dollars worth of government securities, what happens to the economy's money supply?
What will be an ideal response?
Economics
Which of the following schools of thought believes that wages and prices are rigid in the short run?
a. Keynesians and new Keynesians b. Only monetarists c. Only new classical economists d. Monetarists and new classical economists e. Monetarists and Keynesians
Economics