In order to make an optimal choice we must use
a. percentage analysis.
b. total analysis.
c. average analysis.
d. marginal analysis.
d
Economics
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Between 1947 and 2014, U.S. real GDP
A) remained relatively unchanged. B) doubled. C) grew eightfold. D) decreased even though nominal GDP increased.
Economics
Average total costs are
A) total costs divided by total output. B) total output divided by total costs. C) the change in total costs divided by the change in output. D) the change in output divided by the change in total costs.
Economics