As long as marginal cost is below average cost, average cost will be
a. falling
b. rising.
c. constant.
d. changing in a direction that cannot be determined without more information
a
Economics
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Alpha Corp . and Beta Corp . are the only firms in an industry. It is found that Alpha loses its entire market share to Beta when Beta lowers its price. What is the optimum pricing strategy for Alpha?
What will be an ideal response?
Economics
You are given the following information
Savings S = 150 Investment I = 100 Taxes T = 250 Government Purchases G = 500 Compute the level of private savings, public savings, national savings, and net exports.
Economics