In the bathtub analogy, which of the following is a stock variable?
A) the amount of investment
B) the rate of depreciation
C) the amount of capital-per worker
D) the Cobb-Douglass value
C
Economics
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Suppose a perfectly competitive industry is in long-run equilibrium. If a decrease in demand leads to a lower long-run price, we know that
A) this is a decreasing-cost industry. B) this is an increasing-cost industry. C) some firms will be losing money in the long run. D) after further adjustments, price will rise to its original level.
Economics
When do financial options prove to be beneficial?
Economics