The minimum supply-price is the same as

A) marginal cost.
B) market price.
C) producer surplus.
D) profit.

A

Economics

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The term to describe one currency in terms of another is called

a. The interest rates b. The market price c. The inflation rate d. The exchange rate

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In the long run, the price of information products in monopolistically competitive markets will be equal to

A) zero. B) MC. C) AFC. D) ATC.

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