When the marginal utility derived from a good is negative, total utility is _____

a. increasing
b. at a minimum
c. equal to zero
d. decreasing
e. at a maximum

d

Economics

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The firm that cheats in a cartel receives a higher profit because it suffers only a fraction of the loss caused by the lower product price

a. True b. False Indicate whether the statement is true or false

Economics

If the government raises government expenditures, then in the short run prices

a. rise and unemployment falls. b. fall and unemployment rises. c. and unemployment rise. d. and unemployment fall.

Economics