A profit-maximizing monopolistic competitor continues production until ________
A) marginal revenue exceeds marginal cost
B) marginal revenue equals marginal cost
C) marginal revenue exceeds average revenue
D) marginal revenue equals average revenue
B
Economics
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The CPI was 225 in 2008 and 232.2 in 2009. The nominal interest rate during this period was 1.4 percent. What was the real interest rate during this period?
A) 3.2 percent B) 1.8 percent C) 4.6 percent D) -3.2 percent E) -1.8 percent
Economics
Infant industries often refer to:
A) the foreign industries. B) the fledgling domestic industries. C) the public sector undertakings. D) the agriculture-based industries.
Economics