The marginal principle dictates that marginal cost should equal marginal benefit
Indicate whether the statement is true or false
TRUE
Economics
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The above figure shows the production possibility frontier for a country. Suppose the country is producing at point D. What is the opportunity cost of increasing the production of rice to 15 tons?
A) 9 thousand bottles of wine B) 12 tons of rice C) 6 thousand bottles of wine D) 15 thousand bottles of wine E) Nothing, it is a free lunch.
Economics
What is the primary objective of the Financial Stability Oversight Council?
What will be an ideal response?
Economics