This topic contains a solution. Click here to go to the answer

Author Question: Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ... (Read 204 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
Marginal cost is the cost
 
  A) that your activity imposes on someone else.
  B) that arises from an increase in an activity.
  C) of an activity that exceeds its benefit.
  D) that arises from the secondary effects of an activity.

Question 2

In the above figure, the economy initially is at point B. Then price level rises by 10. The wealth effect will help
 
  A) move the economy to point A.
  B) move the economy to point C.
  C) move the economy to point D.
  D) keep the economy to point B.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sierray

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

B




Sierray

  • Sr. Member
  • ****
  • Posts: 343

 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library