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Author Question: Marginal benefit is the benefit ________ one more unit of the good and ________ of the good ... (Read 114 times)

newyorker26

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on: Jun 29, 2018
Marginal benefit is the benefit ________ one more unit of the good and ________ of the good increases.
 
  A) of producing; increases as production
  B) of producing; decreases as production
  C) from consuming; increases as consumption
  D) from consuming; decreases as consumption

Question 2

The prediction by the American Medical Association of a shortage of physicians by the year 2020 assumes
 
  A) physicians' fees will not rise to a market clearing level.
  B) physicians' services will be free goods.
  C) physicians' services will no longer be scarce.
  D) physicians will be willing to work for less income.


miss.ashley

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

D

Answer to Question 2

A


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