A marginal benefit curve shows A) the efficient use of ...

[tth]

A marginal benefit curve shows
 
  A) the efficient use of resources.
  B) the quantity of one good that must be forgone to get more of another good.
  C) the quantity of one good that people are willing to forgo to get another unit of another good.
  D) there are increasing opportunity costs.

Question 2

In which of the following types of auctions can bidders NOT see each other's bid?
 
  A) English auction
  B) Dutch auction
  C) Silent auctions
  D) Sealed-bid auction

[Awesome]

Answer to Question 1

C

Answer to Question 2

D

[tth]

Great answer, keep it coming

[blakcmamba]

Thanks for the timely response, appreciate it