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