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    Microeconomics Study Set 45
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    Exam 15: Technology, RD, and Efficiency
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    In the Diagram, (1)is the
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In the Diagram, (1)is the

Question 15

Question 15

Multiple Choice

  In the diagram, (1) is the A) expected-rate-of-return curve, and (2) is the average total cost curve. B) total revenue curve, and (2) is the interest-rate cost-of funds-curve. C) expected-rate-of-return curve, and (2) is the interest-rate cost-of-funds curve. D) marginal cost curve, and (2) is the marginal benefit curve. In the diagram, (1) is the


A) expected-rate-of-return curve, and (2) is the average total cost curve.
B) total revenue curve, and (2) is the interest-rate cost-of funds-curve.
C) expected-rate-of-return curve, and (2) is the interest-rate cost-of-funds curve.
D) marginal cost curve, and (2) is the marginal benefit curve.

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