In recent years, many DVCs have come to realize that:
A. Expanded international trade is harmful to DVCs
B. Private capital investment is essential for economic growth in DVCs
C. The International Monetary Fund is the major institutional barrier to economic growth
D. Government involvement in economic development is the only avenue for economic growth
B. Private capital investment is essential for economic growth in DVCs
Economics
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A firm will maximize profit at the level of output where:
A) its marginal revenue equals total cost. B) its marginal revenue equals marginal cost. C) its total cost equals total revenue. D) its average revenue equals average cost.
Economics
In perfect competition, marginal revenue always equals
a. total revenue. b. price. c. average cost. d. marginal fixed cost.
Economics