If a country experiences a real GDP growth rate of 6 percent, real GDP will double in

The benefit from an additional unit of a good or service that the consumer of that good or service receives is the

A) marginal private benefit. B) marginal external benefit. C) marginal social benefit. D) opportunity cost.

Tom's marginal utility of Mountain Dew exceeds his marginal utility of crackers at his consumer equilibrium. Therefore, his consumer surplus from Mountain Dew must exceed his consumer surplus from crackers

Indicate whether the statement is true or false