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When a firm makes ____ profit, this sends a signal to others. More competitors would enter the business, increasing supply and driving prices ____.

Table 1.1 Total Output (Q) Total Cost (TC) 0 1 2 3 4 5 6 7 8 1,000 2,000 2,800 3,500 4,000 4,500 5,200 6,000 7,000 Refer to Table 1.1. Marginal cost (MC) of the sixth unit of output is $___

Accountants refer to zero economic profit as

After hiring three new employees, a manager sees that total output increases. If the manager hires two additional employees and discovers total output has fallen, the result is due to

Table 1.2 Total Output Total Cost 10 20 30 40 50 60 70  2,000 2,900 3,700 4,400 5,000 6,200 6,000   Refer to Table 1.2. Marginal cost (MC) of the 30th unit of output is $___

Given a [box1] variable that contains anaddress, the [box2] operator allows you to read andwrite the value stored at the place in memorywhose address is stored in the [box1] variable= dereferencing a [box1].     [box1] should be an English word. All small. Singular Form! [box2] should be a key on the keyboard! Single Key! 

Table 1.1 Total Output (Q) Total Cost (TC) 0 1 2 3 4 5 6 7 8 1,000 2,000 2,800 3,500 4,000 4,500 5,200 6,000 7,000 Refer to Table 1.1. Average total cost (ATC) at 7 units of output is $___ . (Round up your answer to 2 decimal places).

Financial intermediaries are best described as

Table 1.2 Total Output (Q) Total Cost(TC) 10 20 30 40 50 60 70  2,000 2,900 3,700 4,400 5,000 6,200 6,000   Refer to Table 1.2. Average total cost (ATC) at 40 units of output is $___

When one party to a transaction has more or better information, this is called