If a firm that has variable costs of $8 million shuts down, we may conclude that its total revenue is __________.
Fill in the blank(s) with the appropriate word(s).
less than $8 million
Economics
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The ________ the desired reserve ratio, the ________ the ________ in the quantity of money created from an initial increase of $100,000 in the monetary base
A) smaller; larger; decrease B) larger; larger; decrease C) larger; smaller; decrease D) smaller; larger; increase E) larger; larger; increase
Economics
Economists and accountants both include forgone income as a cost to a small business owner
a. True b. False Indicate whether the statement is true or false
Economics