At any given quantity, the willingness to pay of the marginal buyer is the height of the __________

Fill in the blank(s) with correct word

demand curve

Economics

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The law of diminishing returns refers to diminishing

A) total returns. B) marginal returns. C) average returns. D) all of these.

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For patents to be effective

A) small networks. B) network externalities must be realized. C) property rights need to be enforced. D) there needs to be fewer economies of scope.

Economics