If your marginal utility from your last session with your personal trainer is equal to the price they charged you, then
A. you have had exactly the right number of sessions.
B. you have had too many sessions.
C. you have not had enough sessions.
D. there is no way to determine whether you have had enough sessions.
A. you have had exactly the right number of sessions.
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Which of the following generation categories has the smallest population in the United States in 2015?
A) generation Y B) the baby boomers C) generation X D) the millennials
A business owner makes 50 items a day. He spends 8 hours in producing those items. If hired elsewhere he could have earned $10 an hour. The item sells for $10 each. Production occurs seven days a week. If the explicit costs total $10,000 a month, the accounting profit for the month equals:
a. $1,760 b. $2,240 c. $11,760 d. $5,000
Before the Great Depression of the 1930s, most economists believed that
A. only active government policy could prevent recessions or inflation. B. a capitalist economy had a natural tendency to cure recessions or inflation. C. a capitalist economy had a natural tendency to inflation. D. recessions and depressions were inevitable until the economy broke down completely.
The longest expansion of the United States economy since 1925 began in:
A. 1991. B. 1961. C. 1945. D. 1982.