Marginal cost pricing for an information product

A. would allow the firm to break even.
B. would cause the firm to expand output to increase economic profits.
C. would cause the firm to earn economic profits.
D. would cause the firm to experience economic losses.

Answer: D

Economics

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A higher required reserve ratio _________ the value of the simple deposit multiplier

A. Increases B. Decreases C. Eliminates

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It seems evident that countries would have an advantage in producing those goods that use relatively large amounts of their most abundant factor of production

a. True b. False Indicate whether the statement is true or false

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