What is required for a positive externality to occur?
A) The full benefits of an action aren't taken into account.
B) The intention or plan to directly help other people
C) A concern for social welfare
D) Courtesy and honesty
E) All the above.
A
Economics
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The owners will shut down a perfectly competitive firm if the price of its good falls below its minimum
A) average total cost. B) average marginal cost. C) average variable cost. D) wage rate.
Economics
In a business cycle expansion, the ________ of bonds increases and the ________ curve shifts to the ________ as business investments are expected to be more profitable
A) supply; supply; right B) supply; supply; left C) demand; demand; right D) demand; demand; left
Economics