Suppose John goes to a wedding reception where free drinks are served. He will drink until the marginal utility of an additional drink is _____.
a. ?infinite
b. ?less than zero
c. ?greater than one
d. ?one
e. ?zero
Ans: e. ?zero
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Indicate whether the statement is true or false
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A. federal funds rate. B. prime rate. C. bank loan rate. D. Federal Reserve discount rate.
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Please provide the best answer for the statement.
A surplus quantity will occur when
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