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Author Question: A supply curve shows A) the marginal cost of producing one more unit of a good or service. B) ... (Read 92 times)

pane00

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on: Jun 29, 2018
A supply curve shows
 
  A) the marginal cost of producing one more unit of a good or service.
  B) the marginal benefit from buying one more unit of a good or service.
  C) the quantities sold at different prices.
  D) the total cost of producing different quantities of a good or service.

Question 2

How does an individual know whether or not an investment in education is worthwhile?
 
  What will be an ideal response?


Chocorrol77

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A worthwhile investment is one for which the expected present value of future benefits exceeds the present value of costs.


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