Water has a ________ marginal utility and brings a ________ consumer surplus; diamonds have a ________ marginal utility and bring a ________ consumer surplus.
A) small; small; large; large
B) large; large; small; small
C) small; large; large; small
D) large; small; small; large
Question 2
As perfectly competitive firms leave a market because they are incurring an economic loss, the price of the good ________ and the economic loss of each remaining firm ________.
A) rises; increases
B) rises; decreases
C) falls; increases
D) falls; decreases
Hand Washing Using Soap and Water
Water cabbage
Rackstraw Downes, Presidio in the Sand Hills Looking East with ATV Tracks and Water Tower.
Water Molecule
What is the freezing point of a solution of 2.86 g MgCl2 in 100 g of water? Kf for water is ...