In the figure above, the marginal cost of the fifth computer is

A) 0 television sets per computer.
B) 4 television sets per computer.
C) 20 television sets per computer.
D) 35 television sets per computer.


C

Economics

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Refer to the information provided in Figure 9.1 below to answer the question(s) that follow.  Figure 9.1Refer to Figure 9.1. If this farmer maximizes profits, his average fixed costs will be

A. $2. B. $7. C. $11. D. $24.

Economics

The Social Security and Medicare taxes in the United States, which are payroll taxes, fit the description of which of the following tax structures?

A. It depends on the income of the individual being taxed. B. Regressive C. Progressive D. Proportional

Economics

During World War I (1914–18), the government did not have to rely on which one of the following reallocation devices?

(a) Inflation (b) Taxes (c) Borrowing (d) Rationing

Economics

The Drug Price Competition and Patent Term Restoration Act of 1984 fostered competition from generic drugs by facilitating their approval

Indicate whether the statement is true or false

Economics