Figure 3.2 shows the total cost and total benefit curves for a professional guitarist. If the guitarist is currently practicing 7 hours per day, then:





A. he should practice more because net benefits would increase.



B. he should practice less because net benefits would decrease.



C. he should practice less because net benefits would increase.



D. he should practice more because net benefits would decrease.


C. he should practice less because net benefits would increase.

Economics

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a. true b. false

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The interest rate will increase as a result of which of the following events?

A) an increase in income B) an open market purchase of bonds by the central bank C) a reduction in income D) all of the above E) none of the above

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