In a purely competitive market place, the firm's output will be determined by
A) where MR = MC.
B) where MR = ?y/?N.
C) where MP = ?y/?N.
D) where MC = P.
A
Economics
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________ attempts to reduce negative externalities by ________
A) Negotiation; discovering who has which rights B) Negotiation; creating new rights C) Legislation; creating new rights D) Legislation; discovering who has which rights
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The amount that the bank is legally required to keep on hand is called the:
A. required reserves. B. demand deposits. C. federal funds. D. reserve ratio.
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