You want to purchase two umbrellas. The price is $40 per umbrella, 2 for $60, 3 for $75. What will be the marginal cost to you of buying a third umbrella?
A) $75
B) $25
C) $20
D) $15
E) $10
D
Economics
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In a corporation, the stockholders are the
A) principals. B) agents. C) level coordinators. D) entrepreneurs.
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Restrictive covenants
A) generally require that firms use debt finance rather than equity finance. B) generally require that firms use equity finance rather than debt finance. C) put restrictions on the use of borrowed funds. D) were outlawed under the Civil Rights Act of 1964.
Economics