Final - 22.All of these are correct 23.The quality at which...

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1. An opportunity cost 2. Increase in output 3.The firm has developed new technology in its production facility 4. iii only 5. Inputs that were fixed in the short run become variable 6. Firms? 7. Increase by exactly $39 8. Still has to pay fixed costs 9. is its marginal cost curve, but on the portion about minimum of average variable 10.could be upward sloping if the cost of production falls as new firms enter the ? 11. Decreases and its marginal revenue decreases 12 less marginal revenue 13. Competition is inherently efficient 14. Oligopoly 15. 17. 18. 19. Elevated agreements among conspiring ologopolist from 20. 21. Rightward Shift
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Unformatted text preview: 22.All of these are correct 23.The quality at which market prices is equal to the farm 24. Loss of exactly $27 25. Less than monopoly prices 26. Land and capital only 27. income holding the consumers level of satisfaction 28. downward-sloping demand for labor 29. increase profit? 30. 31. 32. 33. 34.If the job in Africa has a lot of job satisfaction, the wage will be lower 35. 36. 12 percent 37. 38. 39. forms of in-kind assistance 40.People may have an innate sense of fairness 41. Employee prejudice? 42. 43. 44. X is an inferior good 45. All of these are correct 46. 80 Percent 47. Increase savings 48.10-20% more 49. Transitory Income 50. Capital...
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Final - 22.All of these are correct 23.The quality at which...

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