What is meant by the term marginal change? What will be an ideal ...

Author Question: What is meant by the term marginal change? What will be an ideal ... (Read 31 times)

stevenposner

Hero Member
Posts: 608

on: Jun 30, 2018

What is meant by the term marginal change?

What will be an ideal response?

Question 2

If an economy produced 60 pounds of sushi at 12 per pound and 15 gallons of sake at 30 per gallon, the total value of these goods and services would be

A) 450. B) 720. C) 1,170. D) 2,700.

Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7^th Edition

Buy Test-Bank

olivia_paige29

Sr. Member
Posts: 334

Reply #1 on: Jun 30, 2018

Answer to Question 1

A marginal change is a small, one unit change in value.

Answer to Question 2

C

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.