« previous next »

Author Question: A ________ curve shows the marginal cost of producing one more unit of a good or service. A) ... (Read 113 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
A ________ curve shows the marginal cost of producing one more unit of a good or service.
 
  A) marginal benefit B) production possibilities
  C) supply D) demand

Question 2

A ________ is a final good and ________ is an intermediate good.
 
  A. new car bought by a student; a used SUV bought by a dealer
  B. new textbook; used textbook
  C. new iPhone bought by a student; new computer bought by Wal-Mart
  D. tank of gasoline bought by you; jet fuel bought by Southwest Airlines
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D The gasoline has been purchased by its ultimate user, so it is a final good; the jet fuel purchased by Southwest Airlines will be used to help produce an service, airline flights, so it is an intermediate good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jparksx

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 29, 2018
Correct answers!


shailee

  • Sr. Member
  • ****
  • Posts: 392
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Everyone has one nostril that is larger than the other.

Otitis media. This illustration shows an inflamed tympanic cavity, which is the most common source o Otitis media. This illustration shows an inflamed tympanic cavity, which is the most common source o
Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II
The upper panel shows that scores of four diverse samples of boys on a moral reasoning test show a ... The upper panel shows that scores of four diverse samples of boys on a moral reasoning test show a ...
The fuel tank pressure sensor (black unit with three wires) looks like a MAP sensor and is usually ... The fuel tank pressure sensor (black unit with three wires) looks like a MAP sensor and is usually ...
Dose-response curve with threshold Dose-response curve with threshold
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
Video: Cavernous Sinus Larynx Middle Ear Orbit: Granulesm Animation

For a complete list of videos, visit our video library