As a consumer moves along an indifference curve and decreases consumption of the good on the x-axis, the consumer needs ________ of the good on the y-axis to give up an additional unit of the good on the x-axis
A) less and less
B) more and more
C) none
D) a constant amount
B
Economics
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The purchase or building by a corporation of a facility in a foreign country is called
A) foreign direct investment. B) foreign capital depreciation. C) foreign portfolio investment. D) globally-directed investment.
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When a firm experiences increasing returns to scale
A) its AFC will decrease. B) its AFC will increase. C) its AC will increase. D) its AC will decrease.
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