Marginal cost is the _______________in variable costs that comes from using additional factors of production.
Fill in the blank(s) with the appropriate word(s).
Ans: per-unit increase
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What is the relationship between marginal cost and fixed cost?
What will be an ideal response?
Refer to Figure 16-6. If Sensei acts as a monopolist, his profit-maximizing price is ________ and the number of classes sold is ________
A) P1; Q1 B) P0; Q1 C) P0; Q0 D) P1; Q0
Which of the following is an example of securitization?
A) a bank bundles a group of mortgage loans and sells the bundle to investors B) an investor sells his shares of stock and uses the proceeds to purchase Treasury bonds C) a household deposits cash in a savings account that is insured by the FDIC D) a government chooses to only purchase Treasury securities from other governments that are financially sound
Under current U.S. tax laws, the interest paid on any debt-financed investment ________ tax deductible and the interest expense ________ the net present value of an investment.
A) is not; raises B) is; lowers C) is; raises D) is not; lowers