The short-run economies of operation associated with production of an information product arise because: a) AFC is constant and MC slopes downward, so that AVC slopes downward.
b) AVC and AFC slope downward though MC is constant, so that ATC slopes downward.
c) AVC, which is equal to MC, is constant and AFC slopes downward, so that ATC slopes downward.
d) MC is constant and MC slopes upward, so that AVC slopes upward.

•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year

Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.

Match each economic concept with the scenarios that illustrates it