Economists assume that
A) people put other people's interests ahead of their own.
B) individuals behave in unpredictable ways.
C) consumer behavior is explained by the existence of unlimited resources.
D) optimal decisions are made at the margin.
D
Economics
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The marginal revenue product of capital inputs does not provide complete information about optimal use because capital is:
A) money. B) not an input. C) an output as well as an input. D) durable. E) all of the above
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Leisure time is not subject to diminishing marginal utility
a. True b. False
Economics