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Economics crossword problem hw???
1.________ means the cost per unity of out put or total cost divided by total output(16 letters)
2. In theory of the firm, a span of time during which at least one input is fixed(8 letters,
_ _ _ r _ _ _ _)
3. In theory of the firm, the time periods in which all costs become variable and there are no fixed costs.(7 letters)
4. the usefulness or satisfaction that consumers get from consuming goods and services.(7 letters).
5. The money measure of teh value of which must be exchanged in the market to acquire a unit of a good or service.

2007-04-15 09:02:11 · 1 answers · asked by avalentin911 2 in Social Science Economics

1 answers

This is a little too close to doing your homework for you. Think it through this way:

1) Average cost, but that's not 16 letters. Hmmm.
2) In economics, spans of time tend to be called either short run or long run. It's one of those.
3) See #2
4) Somewhere in chapter 1 of your econ book is this very basic concept. Starts with the same letter as "usefulness"
5) Not Q, but P.

2007-04-15 09:36:27 · answer #1 · answered by Bjorkmeister 5 · 0 0

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