Which of the following is not a depository institution?
a. A commercial bank
b. A thrift institution
c. A pension fund
d. A savings and loan institution
e. A credit union
c
Economics
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When average costs of production are falling, average cost:
a. is higher than marginal cost. b. is equal to price. c. is negative. d. is less than marginal cost.
Economics
Suppose a successful advertising campaign increases the demand for Nike shoes. Which would tend to occur?
A) The demand curve for Nikes would shift to the right. B) The quantity supplied of Nikes would increase. C) The price of Nikes would rise. D) All of the above.
Economics