The figure above shows Kaley's marginal benefit from swimming with manatees and Scott's marginal cost of providing manatee swimming tours. At 1 manatee swim per week, Kaley's marginal benefit is ________ and Scott's marginal cost is ________
A) $40; $10
B) $40; $40
C) $90; $50
D) None of the above answers is correct.
A
Economics
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During a recession, the ideal stimulus is all of the following EXCEPT:
A. theoretical. B. targeted. C. temporary. D. timely.
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Regarding the law of supply, which of the following statements is correct?
A) As the price of a good or service rises, the quantity supplied will increase. B) As the price of a good or service rises, the quantity supplied will decrease. C) The ceteris paribus assumption does not apply. D) As demand falls, supply rises.
Economics