For a typical natural monopoly, average total cost is
a. falling, and marginal cost is above average total cost.
b. falling, and marginal cost is below average total cost.
c. rising, and marginal cost is below average total cost.
d. rising, and marginal cost is above average total cost.
b
Economics
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Discuss the different effects on the domestic interest rates when prices are assumed flexible and when they are assumed to be sticky
What will be an ideal response?
Economics
Which of the following is not a way to become officially unemployed?
a. Quit your job to look for a better job in another part of the country. b. Be fired from your job. c. Look for a job after being out of the civilian labor force for five years. d. Retire. e. Look for a job only for the period in the summer that you are out of school.
Economics