The cost of producing one more unit of a good is called marginal cost

Labor payments generally represent ________ of income payments

A) one-fourth B) three-fourths C) one-third D) two-thirds

When the United States exports a good, U.S. consumer surplus ________ and U.S. total surplus ________

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases