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Yeeeee89 Yeeeee89
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5 years ago

Question 1.

A firm that had no costs other than inventory costs will always aim to produce in a period the volume of goods necessary to make its stock of inventories at the end of the period equal to



▸ twice its sales.

▸ the optimal level.

▸ the stock at the beginning of the period.

▸ zero.

Question 2.

Generally speaking, when aggregate output does ________, investment does ________.



▸ poorly; well

▸ poorly; poorly

▸ well; poorly

▸ not change; well
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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austireaustire
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5 years ago
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Yeeeee89 Author
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5 years ago
Thanks for your help!
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