During the antebellum period, factories grew, in part, due to internal economies of scale

Indicate whether the statement is true or false

True

Economics

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Explain how consumer surplus, economic profit, and output change when a monopoly perfectly price discriminates

What will be an ideal response?

Economics

Two countries are experiencing 10% money growth a year. However, country A is growing at 2% and country B is growing at 5%. Which country will have the higher inflation rate?

What will be an ideal response?

Economics