If your guest is serious when he said that he just could not get enough of the lasagna you cooked and that the more he ate the more he wanted, you would conclude that the marginal utility of lasagna for him was
A) positive.
B) negative.
C) zero.
D) undefined.
Answer: A
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Measured as a share of GDP, what happened to the net federal debt between 1990 and 2011?
What will be an ideal response?
Suppose the larger firm of a duopoly has sales of $400 million and the smaller firm has sales of $100 million. The market share of the larger firm is
A. 40 percent. B. 10 percent. C. 20 percent. D. 80 percent.
The cookie company in the mall hires workers to produce cookies. The workers are paid $75 per day, and the cost of renting the space in the mall is $250 per day. The total costs when three workers are hired is
a. $75. b. $100. c. $150. d. $475.