The value of the y-coordinate of a point in a graph is the length of a line from the point to the
A) origin.
B) scalar.
C) x-axis.
D) y-axis.
C
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The total utility you get from eating slices of pizza on a given night is the
A) marginal utility of the last slice times the total number of slices eaten. B) sum of the differences in marginal utility as you increase the number of slices eaten. C) sum of the marginal utilities of all slices eaten. D) sum of the marginal utilities per dollar spent on all slices eaten.
Disposable personal income is equal to personal income minus personal tax payments
Indicate whether the statement is true or false
According to the Law of Diminishing Marginal Returns, as additional units of one input are employed as all other inputs are held constant, total output will eventually ______.
A. decrease B. increase at an increasing rate C. increase at a decreasing rate D. increase at a constant rate
The skills, training, and education possessed by workers that contribute to economic growth are known as
What will be an ideal response?