Which point or points on the above figure illustrate a short-run equilibrium?
A) Point A B) Point C C) Point B D) Points A and C
C
Economics
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Refer to the data. The marginal cost column reflects:
A. the law of diminishing returns.
B. the law of diminishing marginal utility.
C. diseconomies of scale.
D. economies of scale.
Economics
Refer to Exhibit 2-6. Which graph depicts the result of a technological improvement in the production of both goods X and Y?
 ANSWER 7.png)
Economics