If firms increase their investment spending, the resulting change in equilibrium GDP is equal to the change in investment spending

a. multiplied by 2.5
b. alone
c. multiplied by the expenditure multiplier
d. divided by the marginal propensity to consume
e. plus the change in consumption spending

C

Economics

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In the above figure, what is total revenue at the profit-maximizing point?

A) $182 B) $126 C) $170 D) $176

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A perfectly competitive firm charges a price which is greater than its marginal cost

a. True b. False Indicate whether the statement is true or false

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