Refer to Figure 8.4. The marginal cost of the sixth microwave oven is
A) $83.33.
B) $116.67.
C) $200.
D) $1200.

B) $116.67.

Economics

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The financial intermediaries that the average person interacts with most frequently are

A) exchanges. B) over-the-counter markets. C) finance companies. D) banks.

Economics

Think in terms of the consumer. A shortage of a good exists when

a. demand is greater than supply b. the quantity supplied is greater than the quantity demanded c. the quantity demanded is greater than the quantity supplied d. supply is greater than demand e. the price is at its equilibrium level, but the quantities bought and sold are not equal

Economics