Which of following is an example of a homogeneous product?

A) Gasoline
B) Copper
C) Personal computers
D) Winter parkas
E) both A and B

E

Economics

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Which of the following lends reserves to private banks?

A. The Legislative Branch of government B. Comptroller of the Currency C. State banking commissions D. The Federal Reserve System

Economics

As the output produced by a firm increases, the average fixed cost:

a. continues to decline. b. initially increases, and then declines. c. quickly drops to zero. d. becomes constant. e. declines and finally becomes negative.

Economics