Refer to the table below. Which plant size would produce at least cost for the 3000-4000 level of output?
Plant sizes get larger as you move from ATC-1 to ATC-4.
A. 1
B. 2
C. 3
D. 4
B. 2
Economics
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Suppose a bank will pay you a 10% interest rate on your deposits for one period. In this case you must sacrifice $10 of current consumption to finance:
a. $9 of future consumption b. $10 of future consumption c. $11 of future consumption d. $1 of future consumption e. none of the above
Economics
Between 1945 and 1980, the national debt
a. as a percentage of GDP increased b. as a percentage of GDP decreased c. as a percentage of GDP remained relatively constant d. in dollar terms declined e. in dollar terms remained constant
Economics