____________ is the extra usefulness or satisfaction that a person gets from acquiring one or more unit of a product.

a. marginal utility
b. diminishing marginal utility
c. income effect
d. change in demand

Ans: a. marginal utility

Economics

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If Walmart issues $250 million in new stock to finance the renovation of their retail stores, this is an example of

A) a stock market transaction. B) indirect finance. C) a bond market transaction. D) direct finance.

Economics

A perfectly competitive firm in the short-run can earn:

a. positive economic profits. b. negative economic profits. c. zero economic profits. d. all of these are possible

Economics