Which of the following is an explanation for the high labor-productivity in the United States?

In the short run, the horizontal sum of all of the marginal cost curves (above minimum average variable cost) of individual firms in a competitive market defines the

a. average variable cost curve b. market demand curve c. market supply curve d. average total cost curve e. total quantity demanded

Kendrick wants to start a tax preparation company and is going to his bank to borrow $50,000. This is an example of

A) direct finance. B) indirect finance. C) a primary market transaction. D) a secondary market transaction.