We can explain the paradox of value as follows: The consumer surplus from water, which is cheap, is ________ than the consumer surplus from gold, which is expensive; the total utility from gold is ________ than the total utility from water; and the

marginal utility per dollar spent on water ________ the marginal utility per dollar spent on gold. A) greater; less; equals
B) smaller; less; equals
C) greater; greater; greater than
D) less; greater; greater than


A

Economics

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a. Indirect business taxes b. Corporate income taxes c. Inheritance taxes d. Personal income taxes

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An increase in injections into the economy may lead to:

a) An outward shift of aggregate demand and demand-pull inflation b) An outward shift of aggregate demand and cost-push inflation c) An outward shift of aggregate supply and demand-pull inflation d) An outward shift of aggregate supply and cost-push inflation

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Using Figure 1 above, if the aggregate demand curve shifts from AD1 to AD2 the result in the long run would be:

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The ________ a corporation keeps to finance future expansion are known as retained earnings

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