Managers undertake an investment only if
a. Marginal revenue is greater than zero
b. Marginal costs is less than marginal revenue
c. Marginal revenue is greater than marginal costs
d. Investment decisions do not depend on marginal analysis
c
You might also like to view...
Return to the market for cigarettes from the previous question. What per-unit tax could the government levy to eliminate the deadweight loss from the behavioral bias?
a. 0 b. 1 c. 50 d. 100
The demand curve for money
a. shows the amount of money balances that individuals and businesses wish to hold at various levels of private investment. b. reflects the open market operations policy of the Federal Reserve. c. shows the amount of money that households and businesses wish to hold at various rates of interest. d. indicates the amount that consumers wish to borrow at a given interest rate.