This production possibility table illustrates:EggsRye100810620430240050
A. increasing marginal opportunity cost.
B. decreasing marginal opportunity cost.
C. zero opportunity cost.
D. constant marginal opportunity cost.
Answer: D
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How is the efficient quantity of public goods determined?
What will be an ideal response?
Amber has opened a coffee shop for many years on a piece of land that she has also owned. She has also made accounting profits from the coffee shop
This year, rents in the area rose considerably, and Amber responded by deciding to sell the land and the coffee shop to an apartment builder. How can you explain Amber's decision to sell her business?
You put $150 in the bank two years ago and forgot about it. The bank sends you a notice that you now have $169.34 in your account. What interest rate did you earn?
a. 5.50 percent b. 5.65 percent c. 6.25 percent d. 7.05 percent
Refer to the information provided in Figure 27.4 below to answer the question(s) that follow.
Figure 27.4Refer to Figure 27.4. If the economy is currently at the intersection of AS and AD, a decrease in AS with no change in AD will cause
A. economic growth. B. deflationary growth. C. stagflation. D. deflation.