The marginal cost curve intersects the average fixed, average variable, and average total cost curves all at their minimum points

A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in the prices of F or S, the marginal rate of transformation of F for S will

A) increase. B) decrease. C) stay the same. D) change, but there is not enough information to know how.

Which of the following statements is false?

A. The price mechanism is most important under capitalism. B. The five-year plan was the main economic plan of the former Soviet Union. C. In most fascist economies, the means of production was left in private hands, with varying degrees of government interference. D. The main criticism of socialist countries is that they gave their citizens too many benefits.