The optimal size of a project is _____
a. the one that produces the highest net benefits
b. the one that has the highest ratio of benefits to costs
c. the one where the distance between marginal benefits and marginal costs is greatest
d. a and c
d
Economics
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Assume a consumption function of C = 90 + .75Y. The saving function for this economy is equal to
A) 90 + .25Y. B) -90 + .75Y. C) -90 + .25Y. D) 90 + .75Y.
Economics
Which of the following would cause the demand curve for DVDs to shift to the right?
a. a decrease in the price of DVDs b. a decrease in the price of DVD players c. a change in the tastes towards watching movies in movie theaters d. a decrease in the number of people in the market for DVDs
Economics