Author Question: Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ... (Read 199 times)

rachel9 · **on:** Jun 29, 2018

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.

Sierray · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

rachel9 · **Reply #2 on:** Jun 29, 2018

Correct answers!

Sierray · **Reply #3 on:** Jun 29, 2018

Great! Please up vote

Author Question: Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ... (Read 199 times)

rachel9

Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ...

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Sierray

Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ...

rachel9

Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ...

Sierray

Marginal cost is the cost A) that your activity imposes on someone else. B) that arises from an ...