A firm would decide to shut down if its production resulted in
A) AFC > AVC. B) MR < AVC. C) ATC > AVC. D) MR < ATC.
B
Economics
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A public choice is
A) a decision that affects one person. B) a decision that affects no one. C) a decision made in public. D) a decision that affects an entire society.
Economics
At any point below the current IS curve, there is an
A) excess demand for goods. B) excess supply of goods. C) excess demand for money. D) excess supply of money.
Economics