If the quantity desired of something exceeds the amount available at zero price, that item is called

A) capital.
B) an economic good.
C) an intangible good.
D) a bad.

B

Economics

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The total willingness to pay for public restrooms in a city is given in the table below:

Number of Restrooms Total willingness to pay 1 $208,000 2 $199,000 3 $150,000 4 $85,000 If the marginal cost of building a public restroom is $208,000, how many restrooms will be built? A) 1 B) 2 C) 3 D) 4

Economics

In the terminology of macroeconomics, what's the difference between a saver and an investor?

Economics