Union membership is likely to fall as growth in tertiary employment occurs in the private sector
Indicate whether the statement is true or false
True
Economics
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Given the data in the above table, income of $13, a price of $1 for a bottle of water and $2.00 for a hamburger, what is the marginal utility per dollar spent on the fifth hamburger?
A) 10 units of utility B) 8 units of utility C) 6 units of utility D) 4 units of utility
Economics
When firms have the ability to change the market price of a good or service, the market failure involved is:
A.) Market power. B.) Public goods. C.) Externalities. D.) Inequities.
Economics