Using the table, Fred's marginal cost of the 200th slice of pizza is
A) $2.50.
B) $6.
C) $0.50.
D) $20.
A
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Which of the following would not lead to a change in demand for coffee?
a. a change in the price of coffee b. a change in consumer preferences for coffee c. a change in the price of tea d. a change in consumers’ disposable incomes
In the above figure, the demand curve for Good A shifts from D1 to D2 in Graph A when the price of Good B changes from P1 to P2 in Graph B. We can conclude that
A) Good A and Good B are substitutes. B) Good A and Good B are complements. C) Good A is a normal good but Good B is an inferior good. D) Good A and Good B are unrelated.
A major contributor to a country's real rate of economic growth is its real GDP growth relative to its
A) inflation. B) unemployment rate. C) money growth. D) none of the above.
If there are 80 million people employed, 10 million unemployed, 5 million collecting unemployment insurance, and 5 million discouraged workers, there are ____________ in the labor force.
A. 85 million B. 90 million C. 95 million D. 100 million