Two goods are complements if an increase in the price of one good leads to an increase in demand for the other
Indicate whether the statement is true or false
FALSE
Economics
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Jacob and Mason go to a diner that sells burritos for $5 and tacos for $3 . They agree to split the lunch bill evenly. Mason chooses a taco. The marginal cost to Jacob of ordering a burrito instead of a taco is
a. $1. b. $2. c. $2.50. d. $3.
Economics
The percentage of total output allocated to the production of new plants, equipment, and structures is the
A. Entrepreneurial rate. B. Corporate allocation rate. C. Investment rate. D. Savings rate.
Economics