Based on the above figure of the costs at Barney's Bagel Bakery, at which level of output will diminishing marginal returns first occur?

When the demand for a product is less elastic than the supply, consumers pay the majority of the tax on the product

Indicate whether the statement is true or false

The difference between a savings deposit and a time deposit is

A) time deposits pay no interest. B) savings deposits pay no interest. C) time deposits have specified maturities. D) savings deposits have specified maturities.