Refer to the information provided in Figure 8.6 below to answer the question(s) that follow. 
Figure 8.6 Refer to Figure 8.6. Marginal cost is represented by
A. curve 1.
B. curve 2.
C. curve 3.
D. line segment AB.
Answer: A
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Which of the following explains why supply curves slope upward?
A) prices and income B) increasing marginal cost C) resources and technology D) substitutes in production and complements in production
Your boss explains to you that the total fixed costs of the company are $1 million. He also informs you that each unit of production will cost twenty five cents more with each 100-unit increase
He has asked you to draw the fixed costs of the company with costs on the vertical axis and quantity of goods sold on the horizontal axis. Without drawing a graph tell your boss what the graph will look like using words. What information did your boss give you that you didn't need in order to draw the graph?
Intellectual property includes
a. all of the following b. literary, artistic and musical works, and scientific inventions c. computers, calculators, and word processors d. desks, bookshelves, and notebooks e. office space, computers, and telephones
The W = MRP ethic states that individuals are paid according to the value of their opportunity cost
Indicate whether the statement is true or false