The marginal benefit of acquiring additional information tends to ...

[DelorasTo]

The marginal benefit of acquiring additional information tends to
 a. be zero if the marginal cost of information is zero
  b. increase and then decrease as additional information is obtained
  c. be smaller, the smaller the quantity of information the individual already has obtained
  d. increase as additional information is obtained
  e. decrease as additional information is obtained

Question 2

From 2006 through August 2011, the US dollar fell in value from 8 Chinese Yuan to 6.4 Chinese Yuan. During that time we would say that relative to the US dollar, the Yuan has appreciated in value.
 a. True
  b. False

[nikmaaacs]

Answer to Question 1

E

Answer to Question 2

A

[DelorasTo]

YES! Correct, THANKS for helping me on my review

[upturnedfurball]

Thanks for the timely response, appreciate it