When plotting marginal and average cost curves, the ________ cost curve always crosses the ________ cost curve at its ________.

One school of thought that emphasizes the role that taxes play in an economy's supply of output is known as

A) classical economics. B) tax-and-spend economics. C) demand-pull economics. D) supply-side economics.

A monopoly may breed inefficiency by reducing competition and restricting production

a. True b. False Indicate whether the statement is true or false