Refer to Figure 4-3. Kendra's marginal benefit from consuming the second ice cream cone is

A) $6.50. B) $6.00. C) $3.00. D) $2.25.


C

Economics

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The sum of the value added by all firms equals total:

A. investment spending. B. spending on capital goods. C. value of final goods and services. D. profits.

Economics

The schedule of tolls capable of maximizing the net revenue of a bridge owner

A) has no relationship to the cost of constructing the bridge. B) is the highest anyone will pay rather than forgo the opportunity to cross the bridge. C) varies proportionately to the cost of constructing the bridge. D) will be higher than the corresponding tolls for a tunnel, because tunnel construction costs must be sunk rather than elevated.

Economics

The U.S. is the leader in health care.

A. True B. False C. Uncertain

Economics

Refer to the information provided in Figure 19.1 below to answer the question(s) that follow.  Figure 19.1 Refer to Figure 19.1. The workers? share of the tax burden is

A. $700. B. $0. C. $2,100. D. $1,400.

Economics