For a firm operating in a perfectly competitive industry, marginal revenue and average revenue are equal

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

True

Economics

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Some economists argue that discrimination based on race and sex cannot lead to persistent wage differentials. What is their argument?

What will be an ideal response?

Economics

The central bank of the European Union is called the

A) Federal Reserve. B) European Central Bank. C) Banco Europe. D) Bundesbank.

Economics