The cost of producing the typical unit of output is the firm's
a. average total cost.
b. opportunity cost.
c. variable cost.
d. marginal cost.
a
Economics
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In a simple Keynesian model, an increase in income leads to an increase in
A) savings. B) investment. C) the price level. D) the money supply.
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What are the effects of a financial crisis on short-run aggregate supply? How might long-run aggregate supply be affected?
What will be an ideal response?
Economics