A. is derived from the average fixed costs
B. Converges with the average cost as output increases
C. Equals the total costs divided by the output
D. Equals revenue minus profits
A. will always
B. will never
C. can sometimes
D. None of the above
A. 0.8
B. 800
C. 810
D. 0.81
A. monopolistically competitive firms charge prices equal to their marginal costs just like monopolists
B. a monopolistically competitive firms faces a downward-slog demand curve for its differentiated product and so does a monopolist
C. monopolistically competitive markets have free entry and exit just like a monopolistic market
D. monopolistically competitive firms produce beyond their efficient scale and so do monopolists
A. timing
B. interpretation
C. implementation
D. all of the above
A. Blue chip
B. Blue Chipper
C. An extremely valuable asset or property
D. All of these
A. we may begin to our national identity
B. the United States will be divided into a number of smaller nations
C. we must keep out all new immigrants
D. we will not defend the nation from invasion