A production possibilities frontier is a graph that shows the combination of outputs that an economy should produce
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A person will choose to buy a good as long as
A) marginal benefit is at least as great as price. B) consumer surplus is positive. C) marginal benefit is positive. D) consumer surplus is at least as great as price.
Economics
Throughout the period from 1996 to 2010, U.S. Real GDP growth has been
A. constant. B. declining. C. steadily increasing. D. fluctuating.
Economics
An excellent example of price leadership can be found in
A. automobiles. B. oil. C. banking. D. cigarettes.
Economics
A partnership is ________ type of business
A) the most common B) the least common C) the least risky D) the most profitable
Economics