The total cost of production equals
a. average total cost + average variable cost
b. average total cost + average fixed cost
c. average variable cost + average fixed cost
d. total fixed cost + total variable cost
e. marginal cost + total variable cost
D
Economics
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A major problem with using a tradable emission allowances system to control pollution is
A) that it grants firms a license to pollute. B) the difficulty in determining the emissions target. C) that it does not eliminate pollution completely. D) it discourages firms from implementing cost-effective pollution control technology.
Economics
Explain why a exchange rate-based stabilization plan may result in a real appreciation?
What will be an ideal response?
Economics