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Consider the following information about a business, Erika’s, that opened last year: price = $10, quantity sold = 4; implicit cost = $20; explicit cost = $10. What was Erika’s economic profit last year?

Joe Biden is the current president of the United States.

Based on the above figure, this  is the case of ___________________. it also means that he has “done as well as could have been done.”

Case 1 where Price < AVC  Case 2 where Price > ATC Case 3 where ATC > P > AVC MC (Marginal Cost) MR (Marginal Revenue) ATC (Average Total Cost) AVC (Average Variable Cost) d (demand curve) P (price) Based on the above figure  for a perfectly competitive firm in the short run, In which cases will a perfectly competitive firm continue to produce in the short run? _____________ (Select two answers that apply)

  The cost of producing a bushel of wheat in Country A is $5, and the price at which Country A sells a bushel of wheat abroad is $4. This is an example of  

Under the Articles of Confederation, the central government imposed taxes. 

The 6th amendment prohibits cruel and unusual punishment 

In which type of election are you most likelyto see coattail effects?

Which of the following is not part of a scientificpoll design?

Which of the following makes it easy for acitizen to register to vote?