In the figure above, the marginal utility of the third crate of tomatoes for the person with total utility curve C is
A) 13 units of utility.
B) 16 units of utility.
C) 32 units of utility.
D) 45 units of utility.
A
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If inventories decline by more than analysts predict they will decline, this implies that
A) actual investment spending was equal to than planned investment spending. B) there is no relationship between actual investment spending and planned investment spending. C) actual investment spending was greater than planned investment spending. D) actual investment spending was less than planned investment spending.
Figure 10-10
Given the aggregate demand and aggregate supply conditions depicted in , which of the following will tend to occur?
a.
an increase in resource prices, which will shift SRAS to the left
b.
a decrease in resource prices, which will shift SRAS to the left
c.
an increase in the real rate of interest, which will shift aggregate demand to the left
d.
a decrease in the real rate of interest, which will shift aggregate demand to the left
e.
Both b and c are correct.
Exhibit 7-13 Price and cost per unit curves
?
In Exhibit 7-13, if the price is P3, total economic profit is maximized or economic loss minimized at the output:
A. Q1. B. Q2. C. Q3. D. Q4.
Explain the reasons for a decrease in the rate of illegal immigration in the United States in recent years
What will be an ideal response?