The above table gives some production and cost information for Flaming Fernando's, a restaurant that sells Fiery Frijoles. Between what two levels of output does the marginal cost of producing Fiery Frijoles first begin to rise?
A) 0 and 1000
B) 1000 and 3000
C) 3000 and 4000
D) 4000 and 4500
C
Economics
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A fall in the price of a good causes an increase in its:
a. quantity demanded. b. demand. c. quantity supplied. d. supply.
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Since 1990, recovery from all three recessions could be called _________________ recoveries generating a larger increase in national debt than previous recessions.
Fill in the blank(s) with the appropriate word(s).
Economics
Voluntarism often has proved to be weak and unreliable. Does it still have a place in controlling activities that damage the environment?
Economics
Control of a scarce resource or input can serve as an entry barrier
a. True b. False Indicate whether the statement is true or false
Economics