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Author Question: If you increase your consumption of soda by one additional can a week, your marginal benefit of this ... (Read 42 times)

penza

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on: Jun 29, 2018
If you increase your consumption of soda by one additional can a week, your marginal benefit of this last can is 1.00. The ________ of this last can of soda is 1.00.
 
  A) value
  B) price
  C) opportunity cost
  D) marginal cost

Question 2

The intertemporal substitution effect of the price level on aggregate demand
 
  A) is the same as the real wealth effect.
  B) is one reason that the aggregate demand curve has a negative slope.
  C) explains why aggregate demand increases when the amount of money increases.
  D) is one reason that the aggregate demand curve has a positive slope.


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recede

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

Thanks for sharing, assignments makes me feel like end of world..

Answer to Question 2

B


penza

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

epscape

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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