Which of the following is likely to improve a person's income?
a. increased productivity
b. investing in human capital
c. possessing a special talent or skill
d. all of the above
d
Economics
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Deadweight loss
What will be an ideal response?
Economics
Marginal utility is calculated as
A) total utility/number of units consumed. B) change in total utility/number of units consumed. C) change in total utility/change in number of units consumed. D) total utility/change in number of units consumed.
Economics