In the long run, 
A. the total revenue curve will change its slope.
B. the firm will operate at point C.
C. the firm will operate at point B.
D. the firm will operate at point D.
Answer: A
Economics
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The above table shows the total product schedule for the campus book store. If each employee is paid $6 per hour and there are no other variable costs, then at what level of books sold per hour does the marginal cost begin to increase?
A) 41 books per hour B) 59 books per hour C) 73 books per hour D) 90 books per hour
Economics
The "constant dollar" price is:
A) the real price of a good. B) the nominal price of a good adjusted for inflation. C) the "current dollar" price adjusted for inflation. D) all of the above E) none of the above
Economics