Economies of scale are also called increasing returns to scale

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

True

Economics

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For movements along the short-run aggregate supply curve

A) the money wage rate is constant. B) the real wage rate changes. C) potential GDP remains constant. D) All of the above are correct.

Economics

Critique the infant industry or the labor argument for protection

What will be an ideal response?

Economics