Author Question: The change in total cost that results from the production of one additional unit is called: a. ... (Read 188 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
The change in total cost that results from the production of one additional unit is called:
 a. marginal revenue.
  b. average variable cost.
  c. marginal cost.
  d. average total cost.

Question 2

In the 1960s, government policy makers believed that they could:
 a. stabilize the economy by letting the market system solve all problems.
  b. reduce unemployment by running federal budget surpluses.
 c. eliminate government's role in stabilization policy.
 d. use changes in the money supply to virtually eliminate business cycles.
  e. use taxation and government spending to fine-tune the economy.



sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

c

Answer to Question 2

e



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

For a complete list of videos, visit our video library