In the context of decisionmaking, the word "marginal" is most closely associated with the word

a. "unimportant.".
b. "slow.".
c. "edge.".
d. "irrational.".

c

Economics

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Selling a good abroad below the price charged in the home market is

A) a basic argument for free trade. B) the infant industry argument. C) dumping. D) a voluntary restraint agreement.

Economics

Two goods are substitutes when

A) an increase in the price of one reduces the demand for the other. B) an increase in the price of one raises the demand for the other. C) the two goods are used together. D) the two goods have the same price.

Economics