Once marginal cost rises above the average cost,
a. Average costs will increase
b. Average costs will decrease
c. Average costs will stay the same
d. None of the above
a
Economics
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Advantages of specialization do not include:
A. increased ability to utilize the division of labor. B. less interdependence. C. increased production of economic goods with no increase in resources. D. the more efficient use of scarce resources.
Economics
Briefly explain the behavior of the Federal Reserve considering a balance of payments disequilibria within a fixed exchange rate system
What will be an ideal response?
Economics