The first unit of an information product is produced at a high fixed cost. Producing additional units entails relatively low
A) total costs.
B) marginal and average variable cost.
C) external cost.
D) social cost.
B
Economics
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A country recently had saving of 250 billion euro and domestic investment of 400 billion euro. What was the value of this country's net exports? Show your work
Economics
When economic profits are zero, accounting profits
A) must be positive. B) will be negative. C) will equal zero. D) could be positive, negative or zero.
Economics