The measure of the benefit you get from consuming the next cup of coffee is your
A) marginal utility of coffee.
B) total utility from coffee.
C) total utility per dollar spent on coffee.
D) total utility from coffee when you are at your consumer equilibrium.
A
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The three primary sources of corporate funds are
A) banks, friends, and family. B) government, other corporations, and the central bank. C) investment banks, brokerages, and insurance companies. D) stocks, bonds, and reinvestment of profits.
Which of the following increases the possibility of depreciation of the domestic currency in the foreign exchange market?
a. An increase in the demand for domestic goods in the foreign market b. A decrease in total imports made by the domestic country c. A decrease in the interest rates in the domestic country d. An increase in the short-term foreign investments e. An increase in domestic production of import substitutes
The producer that requires a smaller quantity of inputs to produce a certain amount of a good, relative to the quantities of inputs required by other producers to produce the same amount of that good,
a. has a low opportunity cost of producing that good, relative to the opportunity costs of other producers. b. has a comparative advantage in the production of that good. c. has an absolute advantage in the production of that good. d. should be the only producer of that good.
The supply curve of labor to risky jobs reveals.
A. how many workers are willing to offer their labor to the risky job as a function of the wage differential between the risky job and the safe job. B. the number of workers who dislike risky jobs. C. the fraction of workers who dislike risky jobs. D. how many workers are willing to offer their labor to the safe job as a function of the wage paid to workers of the risky job. E. how many workers are willing to offer their labor to the risky job as a function of the wage paid to workers of the safe job.