Typically, marginal utility is higher when a person consumes less of a good
Indicate whether the statement is true or false
T
Economics
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The existence of the tradeoff along the PPF means that the PPF is
A) bowed outward. B) linear. C) negatively sloped. D) positively sloped.
Economics
Liabilities consist of anything of value that is owned and assets are things that are owed to someone else
Indicate whether the statement is true or false
Economics
A limit on the quantity of a good that may be imported in a given time period is a:
A. Trade restriction limit. B. Tariff. C. Quota. D. Price effect.
Economics
Who was a proponent of bureaucracy?
a. max weber b. abraham maslow c. douglas mcgregor d. frank gilbreth
Economics