Jason's cooking is so terrible that Melissa says she will have to be paid in order to even try it. Thus, her marginal utility for Jason's cooking is
A. constant.
B. increasing.
C. positive.
D. negative.
D. negative.
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The market basket of goods and services used to calculate the consumer price index [CPI] by the Department of Labor in the U.S. changes only every two years
a. True b. False Indicate whether the statement is true or false
Why don't governments avoid budget deficits under all circumstances?
There are very few, if any, good substitutes for motor oil. What does this imply?
a) The supply of motor oil would tend to be price elastic. b) The demand for motor oil would tend to be price elastic. c) The demand for motor oil would tend to be price inelastic. d) The demand for motor oil would tend to be income elastic.
From 1977 to 2014, the rate of job creation has generally
A. trended up. B. trended up from 1977 to 2000, then trended down after that. C. trended down from 1977 to 2000, then trended up after that. D. trended down.