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Author Question: Marginal benefit curves slope A) upward because of increasing opportunity cost. B) upward, but ... (Read 39 times)

cmoore54

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on: Jun 29, 2018
Marginal benefit curves slope
 
  A) upward because of increasing opportunity cost.
  B) upward, but not because of increasing opportunity cost.
  C) downward because of increasing opportunity cost.
  D) downward, but not because of increasing opportunity cost.

Question 2

For electricity, natural gas, or other forms of energy, it is very likely that the price elasticity of demand
 
  A) is zero.
  B) is infinite.
  C) will decrease in magnitude as more time passes after a price change.
  D) will increase in magnitude as more time passes after a price change.


brittiany.barnes

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

D

Answer to Question 2

D


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