Rational people make decisions at the margin by

a. following marginal traditions.
b. behaving in a random fashion.
c. thinking in black-and-white terms.
d. comparing marginal costs and marginal benefits.

d

Economics

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A change in the price of a product will change the supply of that product

Indicate whether the statement is true or false

Economics

The AD curve shows the sum of

A) the price level, employment, and real GDP. B) consumption expenditure, investment, and real GDP. C) consumption expenditure, investment, government expenditures on goods and services, and net exports. D) consumption expenditure, investment, the price level, and real GDP.

Economics