While waiting in line to buy two tacos at 80 cents each and a medium drink for 90 cents, Jordan notices that the restaurant has a value meal containing three tacos and a medium drink all for $3. For Jordan, the marginal cost of the third taco would be...
What will be an ideal response?
50 cents
Economics
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The difference between ________ is known as the trade balance
A) consumption and imports B) investment and consumption C) exports and imports D) production and exports
Economics
When firms reduce their target level of inventories, planned investment ________, and equilibrium expenditure and real GDP ________
A) rises; increase B) falls; remains the same C) rises; decrease D) falls; decrease E) falls; increase
Economics