In Figure 29.1, the area that represents the value to the consumer under perfect competition is

A. OACQPC.
B. PPCAC.
C. OABQMonopoly.
D. ABC.

Answer: A

Economics

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The supply curve for funds

a. is generally positively sloped. b. depends upon people's savings plans. c. is a function of the interest rate. d. All of the above are correct.

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Refer to the data above. The marginal propensity to consume is:

.40 .75 .60 .80

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