In the above table, suppose imports = $750 billion and government expenditures = $1,000 billion. Hence investment equals

Regardless of whether advertising is effective or not, it results in an increase in both fixed and total costs

a. True b. False

Assume that Juan concludes that he should eat less and play video games more. In this situation, it must be TRUE that the marginal utility of the last dollar spent on food is

A) more than the marginal utility of the last dollar spent on video games. B) less than the marginal utility of the last dollar spent on video games. C) equal to the marginal utility of the last dollar spent on video games. D) negative and less than the marginal utility of the last dollar spent on video games.