A. Decrease tax receipts B. Worsen the balance of trade C. Automatically cause an increase in government spending D. Causes an increase in injections into the economy
A. Enable abnormal profits to be made in the long run B. Enable losses to be made in the long run C. Enable abnormal profits to be made in the short run only D. Occur in perfect competition
A. The total cost equals demand B. The average revenue equals the marginal revenue C. The price equals the average cost D. The price equals the marginal cost
