The sales revenue a seller receives from the sale of an additional unit of goods is called the marginal cost

Indicate whether the statement is true or false


FALSE

Economics

You might also like to view...

Everything else equal, an appreciation of the dollar will:

A) cause the net exports of the U.S. to increase. B) cause the U.S. GDP to fall. C) not affect U.S. GDP. D) cause the U.S. GDP to increase.

Economics

According to Kathryn Edin and Laura Lein, virtually all poor single mothers supplemented their income with money from _______________________.

Fill in the blank(s) with the appropriate word(s).

Economics

Public goods are any goods provided by units of local, state, or federal governments.

Answer the following statement true (T) or false (F)

Economics

If a hurricane were to wipe out the majority of the eastern seaboard in the United States:

A. neither the short-run nor long-run aggregate supply curves would be affected. B. only the long-run aggregate supply curve would shift left. C. only the short-run aggregate supply curve would shift left. D. the long-run and short-run aggregate supply curves would both shift left.

Economics