Author Question: Charlie's consumer surplus from the first slice of pizza he buys is greater than the consumer ... (Read 106 times)

jho37 · **on:** Jun 29, 2018

Charlie's consumer surplus from the first slice of pizza he buys is greater than the consumer surplus from the second slice because of

A) decreasing marginal benefits.
B) increasing marginal benefits.
C) decreasing marginal costs.
D) increasing marginal cost.

Question 2

The circular flow diagram shows that the flow of payments to the factors used to produce goods and services exceeds the flow of payments for final goods and services.

Indicate whether the statement is true or false