If business inventory changes are negative, it means that they were not intended

Indicate whether the statement is true or false

F

Economics

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Capital formation in the colonies was mostly due to

a. savings and investments from the colonists themselves. b. capital inflows from English merchants. c. capital inflows from the English crown. d. capital inflows from international sources other than England.

Economics

If fixed costs are $200,000 and variable costs are $30 per unit over the relevant range of output, when 10,000 units are produced, the average total cost will be

a. $20. b. $30. c. $50. d. $70.

Economics