According to the original Constitution, senators were appointed by state governors. 

  Average Fixed Cost (AFC): Total fixed cost (TFC) divided by quantity of output  Average Variable Cost (AVC): Total variable cost (TVC) divided by quantity of output Average Total Cost (ATC): Total cost (TC) divided by quantity of output MC indicates marginal cost.  Based on the above plot (c) (1)_____________ continuously declines as the quantity of output rises, because (2)____________ is constant. 

  When an economy experiences inflation, the money  

  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  

  Money serves as a unit of account when goods  

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

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 case will a perfectly competitive firm shut down in the short run? _____________ 

Social capital is the connection with others and the willingness to interact with them. 

All members of the House of Representatives are reelected in midterm elections 

The Elastic Clause is found in Article II of the Constitution.