In the circular flow model, which of the following is on the selling side in the goods market?
A) federal, state, and local governments
B) only households
C) exporters
D) only firms
E) both firms and households
D
Economics
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Refer to Scenario 1 . If you start the course in such a way that each exam score is better than your previous average what should happen to your average score?
What would happen to your average if it was below your previous exam score? Explain.
Economics
If the market price in a competitive industry falls between a firm's AVC and ATC curves that firm is in the
A. short run making a profit. B. short run taking a loss. C. long run making a profit. D. long run taking a loss.
Economics