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Author Question: Which of the following represents the marginal cost of a soda? I. The opportunity cost of producing ... (Read 112 times)

CBme

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on: Jun 29, 2018
Which of the following represents the marginal cost of a soda? I. The opportunity cost of producing another soda. II. The minimum price someone is willing to pay for another soda.
 
  A) I only
  B) II only
  C) I and II
  D) Neither I nor II

Question 2

An open market operation occurs when ________ buys or sells securities ________.
 
  A) the Federal Reserve System; from or to the federal government
  B) the Federal Reserve System; in the open market
  C) a commercial bank; from or to the federal government
  D) a commercial bank; from or to the public


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dpost18

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


CBme

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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