The point of maximum profit for a business firm is where:

Under the liquidity premium theory, a flat yield curve indicates that investors expect future short-term rates to

A) fall. B) rise. C) remain constant. D) either fall or remain constant.

Economic efficiency entails

A) producing a given amount of output with the most expensive mix of inputs. B) producing a given amount of output with the least number of inputs. C) producing a given amount of output with the most inputs. D) producing a given amount of output with the cheapest mix of inputs.