In the figure above, assuming that the firm does not shut down, it will charge a price of
A) $1.
B) $2.
C) $3.
D) $4.
C
Economics
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Using the rule of 70, if the GDP per capita growth rate in the United States is 4.4 percent, real GDP per capita doubles every
A) 6.72 years. B) 15.91 years. C) 44 years. D) 65.6 years.
Economics
A period in which real GDP in the economy declines for at least six months is referred to as
A) a recession. B) living standards. C) long term growth. D) a positive fluctuation.
Economics