The marginal utility derived from viewing the next movie download is the
A) average utility per minute of viewing.
B) additional utility from viewing the movie.
C) average utility per hour of viewing.
D) additional utility from viewing the first minute of the movie.
Answer: B
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In general, it can be asserted that foreign aid promotes economic development
Indicate whether the statement is true or false
Which one of the following statements is NOT true?
A. The classical model assumes that pure competition exists. B. The classical model assumes that no single seller of a commodity can affect its price. C. The classical model assumes that people suffer from money illusion. D. The classical model assumes that people are motivated by self-interest.
Disney sold The Little Mermaid for $20 with a $5 mail in rebate. The rebate should have
A. inverted overall customer demand. B. stabilized overall customer demand. C. increased overall customer demand. D. reduced overall customer demand.
In the original Austin Powers, Dr. Evil is cryogenically frozen for thirty years (from the late 1960s to the late 1990s). Upon his return he hatches a plan to extort one million dollars from various world governments. His henchmen are unimpressed
What type(s) of inflation have made Dr. Evil's proposed blackmail amount seem too small? A) cost-push inflation B) both cost-push and demand-pull inflation C) both cost-price and price-pull inflation D) demand-pull inflation