Use the figure above to answer this question. Consider a perfectly competitive firm in a short-run equilibrium. Figure ________ shows a firm in bad times because the firm makes a(n) ________
A) A; economic loss of $4 per unit if the firm decides to operate
B) A; economic loss of $4 so it must close
C) B; economic loss of $3 per unit
D) B; economic profit because the price exceeds average variable cost
E) C; normal profit and can stay open in the long run
A
Economics
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If the expected path of 1-year interest rates over the next five years is 1 percent, 2 percent, 3 percent, 4 percent, and 5 percent, the expectations theory predicts that the bond with the highest interest rate today is the one with a maturity of
A) two years. B) three years. C) four years. D) five years.
Economics
Competing broadcasting networks are motivated to choose socially program timing
Indicate whether the statement is true or false
Economics