________ is the incremental cost generated by moving from one feasible alternative to the next feasible alternative
A) Total cost
B) Indirect cost
C) Marginal cost
D) Differential cost
C
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An option that gives the owner the right to buy a financial instrument at the exercise price within a specified period of time is a
A) call option. B) put option. C) American option. D) European option.
An important failure of the "new economics" of the 1960s was its ________ monetary policy and its ability if made ________ to offset a tighter fiscal policy
A) denigration of, tighter B) denigration of, easier C) overemphasis on, tighter D) overemphasis on, easier
In the United States, the wage premium for college education has been
a. decreasing since 1980. b. increasing since 1980. c. higher for males. d. decreasing since 1990.
According to the above table, what is Michael's marginal utility of the 8th unit?
A. 372 B. 44 C. 42 D. 43