Refer to Figure 7-2. Marginal private benefit is represented by which curve?

A) D2
B) Supply
C) D1
D) All of the above represent marginal private benefit.

C

Economics

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Which statement is an example of substitute goods affecting demand?

a. A bumper crop of cotton lowers the price of cotton clothing. Sales of silk shirts decrease. b. As laptop computer sales increase, so do the sales of computer cases. c. An automobile maker lays off thousands. Sales of electronic goods in that city fall. d. Hi-tech companies lure people to a region. Demand for housing rises.

Economics

In 2014, employees covered by company-provided health insurance paid ________ percent of the cost of their own health insurance

A) 3 B) 18 C) 37 D) 65

Economics