Refer to the table below. The consumption of which bar yields the greatest marginal utility?
The table below shows the utility schedule for a consumer of candy bars.
A. Third
B. Fourth
C. Sixth
D. Second
A. Third
Economics
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Suppose that nuclear power plants are banned. What are examples of the opportunity costs of this decision?
What will be an ideal response?
Economics
The vertical long-run aggregate supply curve reflects the fact that in the long run, an increase in the price level
a. will not alter the economy's maximum sustainable rate of output. b. will increase the economy's maximum sustainable rate of output. c. will reduce the quantity of goods and services purchasers will demand. d. will improve the overall efficiency of resource use.
Economics