In the figure above, the marginal cost of the second computer is
A) 2 television sets per computer.
B) 3 television sets per computer.
C) 5 television sets per computer.
D) 30 television sets per computer.
B
Economics
You might also like to view...
All else equal, if the demand for capital decreases and the supply of capital does not change, the equilibrium real rental cost of capital will ________ and the equilibrium quantity of capital will ________
A) increase; increase B) decrease; not change C) decrease; decrease D) not change; decrease
Economics
If the price elasticity of supply is zero, the supply curve is a horizontal line parallel to the quantity axis
a. True b. False Indicate whether the statement is true or false
Economics