Betty goes out to enjoy a bouffe with her friend instead of practicing calculus problems for her maths examination that is due the following day. This implies that the opportunity cost of the bouffe to Betty is zero

Average cost equals total cost multiplied by the number of units of output

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

Which of the following contributed to the downfall of the Soviet Union in 1991?

A) government dissatisfaction with high living standards and political freedom B) an inability to produce low-cost consumer goods that households wanted C) an overabundance of high-quality goods and services D) the lack of a strong dictator who could coordinate economic activities