Author Question: A person will choose to buy a good as long as A) marginal benefit is at least as great as price. ... (Read 54 times)

jenna1 · **on:** Jun 29, 2018

A person will choose to buy a good as long as

A) marginal benefit is at least as great as price.
B) consumer surplus is positive.
C) marginal benefit is positive.
D) consumer surplus is at least as great as price.

Question 2

According to the classical growth theory of Thomas Malthus

A) labor productivity increases continuously.
B) the population growth rate is fixed.
C) technological advances lead to permanent increases in real GDP per person.
D) increases in real GDP per person are only temporary.