In a perfectly competitive market industry, firm's prices are equal to

The formula is the

A) actual change in the money supply. B) discount rate. C) potential money multiplier. D) federal funds rate.

Average fixed cost:

A. equals marginal cost when average total cost is at its minimum. B. graphs as a U-shaped curve. C. declines continually as output increases. D. may be found for any output by adding average variable cost and average total cost.