Charlie's consumer surplus from the first slice of pizza he buys ...

[jho37]

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

[orangecrush]

Answer to Question 1

A

Answer to Question 2

FALSE

[jho37]

Excellent

[ttt030911]

Thanks for the timely response, appreciate it