Based on the above figure  for a perfectly competitive…

    Based on the above figure  for a perfectly competitive firm in the long run, A firm that produces its output at the lowest possible per unit cost (ATC) is said to exhibit productive efficiency. (1)_________ (Ture or False) The perfectly competitive firm achieves productive efficiency when it is in long-run equilibrium. (2) __________(Ture or False)

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Have a closer look at the signs in the photo below from a st…

Have a closer look at the signs in the photo below from a student protest on UF’s campus. Describe what you see here in terms of the types of signs you see and their functions. How would you classify the signs? What kinds of observations can you make based on the juxtaposition of different signs?