第1题
The marginal rate of substitution between goods A and B measures the price of A relative to the price of B.()
第2题
Higher levels of human capital are correlated with higher earnings because firms are willing to pay more for better- educated workers who have higher marginal productivities.()
第3题
Whether an oligopoly consists of 3 firms or 10 firms, the level of output likely will be the same.()
第4题
A firm operating in a perfectly competitive industry will continue to operate in the short run but earn losses if the market price is less than that firm’s average variable cost but greater than the firm’s average fixed cost.()
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