Which part of this definition for GDP is incorrect? GDP measures the

a. Market value of,
b. All final and intermediate goods and services,
c. Produced,
d. By domestically owned or foreign-owned resources,
e. Within nations' geographic borders.

.B

Economics

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Explain how the invisible hand delivers an efficient market outcome

What will be an ideal response?

Economics

The monopolistically competitive firm differs from monopoly in that its

a. demand curve is flatter. b. demand curve slopes downward. c. MR curve lies below its demand curve. d. profit is maximized where MR = MC.

Economics