If finding the last stamp to complete your collection makes you happier than finding the first, then:
a. marginal utility is zero.
b. marginal utility is negative.
c. total utility is decreasing.
d. total utility is constant.
e. marginal utility is not diminishing.
e
Economics
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Critics of advertising argue that firms use advertising to manipulate consumers' tastes
a. True b. False Indicate whether the statement is true or false
Economics
The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
Economics