If the central bank extends a $100 discount loan to a bank that previously had no excess reserves, deposits in the banking system can potentially increase by
A.
$10
B.
$100
C.
$100 times the reciprocal of the required reserve ratio
【单选题】It costs a company $50,000 to produce 5000 beach towels. The company’s cost will be $50,009 if it produces an additional beach towel. If the company produces 5,000 beach towels then
A.
its average cost is greater than its marginal cost.
B.
its average cost and its marginal cost are equal.
C.
its average cost is less than its marginal cost.
D.
there is insufficient information to compute average and marginal costs.