In the figure above, at the allocatively efficient level of computer production the marginal cost of producing a computer is
A) 0 televisions per computer.
B) between 0 and 3 televisions per computer.
C) 3 televisions per computer.
D) more than 3 televisions per computer.
Question 2
When a reward might not occur, economists incorporate the uncertainty by multiplying the reward by a:
A) positive factor more than 1.
B) positive factor less than 1.
C) negative factor more than -1.
D) negative factor less than -1.
Numerical pain level chart with word modifiers.
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