Author Question: Marginal benefit is the benefit ________ one more unit of the good and ________ of the good ... (Read 104 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
Marginal benefit is the benefit ________ one more unit of the good and ________ of the good increases.
 
  A) of producing; increases as production
  B) of producing; decreases as production
  C) from consuming; increases as consumption
  D) from consuming; decreases as consumption

Question 2

The prediction by the American Medical Association of a shortage of physicians by the year 2020 assumes
 
  A) physicians' fees will not rise to a market clearing level.
  B) physicians' services will be free goods.
  C) physicians' services will no longer be scarce.
  D) physicians will be willing to work for less income.



miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

For a complete list of videos, visit our video library