If MUx/Px is less than MUy/Py, then the consumer should consume more of X and less of Y
a. True
b. False
B
Economics
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A firm enters into a consent decree to avoid an even greater legal setback. If the terms of the consent decree effectively double the firm's fixed costs, then
a. marginal cost more than doubles b. marginal cost doubles c. marginal cost remains unchanged d. average total cost remains unchanged e. average variable cost doubles
Economics
What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?
a. -$165 billion b. -$5 billion c. $5 billion d. $165 billion
Economics