In most places of the world, the marginal utility of water is low because
a. its supply is so abundant
b. it is so essential
c. it has so many uses
d. total utility is so high
e. it is very scarce
A
Economics
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The Commodity Credit Corporation was created by the
a. Federal Reserve Act b. United States Constitution c. Agricultural Adjustment Act d. New Deal e. Great Society
Economics
For economic efficiency, which of the following conditions should be met?
a. Scarcer goods should have lower prices. b. More abundant goods should have lower prices. c. More abundant goods should have higher prices. d. All goods should have equal prices.
Economics