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Author Question: A marginal benefit curve shows A) the efficient use of resources. B) the quantity of one good ... (Read 76 times)

tth

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on: Jun 29, 2018
A marginal benefit curve shows
 
  A) the efficient use of resources.
  B) the quantity of one good that must be forgone to get more of another good.
  C) the quantity of one good that people are willing to forgo to get another unit of another good.
  D) there are increasing opportunity costs.

Question 2

In which of the following types of auctions can bidders NOT see each other's bid?
 
  A) English auction
  B) Dutch auction
  C) Silent auctions
  D) Sealed-bid auction


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Awesome

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

C

Answer to Question 2

D


tth

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

helenmarkerine

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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