A firm's total product curve shows that at first it has
A) economies of scale and then diseconomies of scale.
B) diseconomies of scale and then economies of scale.
C) increasing marginal returns and then diminishing marginal returns.
D) diminishing marginal returns and then increasing marginal returns.
C
Economics
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A bank panic refers to a situation where banks are afraid they will not have enough customers to borrow all their excess reserves
Indicate whether the statement is true or false
Economics
Defining what money is:
A. is easier to do in the long run than in the short run. B. is the easiest, but least important part of monetary policy. C. is easy to do, which explains why monetary policy is so effective. D. isn't easy, and this makes monetary policy more difficult.
Economics