One reason that helps to explain the law of supply is the law of
A) diminishing marginal utility.
B) diminishing marginal returns.
C) decreasing opportunity costs.
D) demand.
B
Economics
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Indirect finance includes the sale by a corporation of stocks or bonds, as well as borrowing money from a bank
Indicate whether the statement is true or false
Economics
State the law of diminishing marginal returns
What will be an ideal response?
Economics
In the recession that started in 2008, the savings rate:
A. increased. B. decreased. C. stayed the same. D. became negative.
Economics
Exhibit 8-12 Marginal revenue and cost per unit curves
If price is equal to OD for the firm shown in Exhibit 8-12, total profit is maximized when:
A. output is X. B. output is Y. C. output is Z. D. output is greater than Z.
Economics