Mutual Funds

What will be an ideal response?

Pooled assets for investments over time

Economics

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If there is a decrease in demand for lettuce, we would expect:

a. both the price and quantity sold to increase. b. both the price and quantity sold to decrease. c. the price to decrease and the quantity sold to increase. d. the price to increase and the quantity sold to decrease.

Economics

In the short run, a profit-maximizing firm in a price-taker market will definitely stop production if

a. economic profit is zero. b. price falls below average total cost. c. price is less than average variable cost. d. it cannot completely cover its fixed costs.

Economics