Author Question: Mr. Scrooge owns assets worth 100 million. The rate of return on his assets is 5 percent per year. ... (Read 102 times)

oliviahorn72 · **on:** Jun 29, 2018

Mr. Scrooge owns assets worth 100 million. The rate of return on his assets is 5 percent per year. Mr. Scrooge's wealth is ________, and his income is ________.

A) 5 million a year; 100 million
B) 100 million; 5 million a year
C) 100 million; 105 million
D) 5 million a year; 100 million a year

Question 2

The predictions of marginal utility theory

A) contradict the idea that the demand curve slopes downward.
B) support the idea that the demand curve slopes downward.
C) support the idea that the supply curve slopes upward.
D) contradict the idea that the supply curve slopes upward.