Using the economic way of thinking, what is the least efficient use of water?

A) Drinking
B) Bathing
C) Filling balloons
D) It depends on the water user's estimate of cost and benefit.

D

Economics

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Average cost equals total cost multiplied by the number of units of output

a. True b. False Indicate whether the statement is true or false

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The consumption possibilities curve is the

A) supply curve. B) demand curve. C) budget constraint. D) indifference curve.

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