The result that different auction styles in which the good goes to the winner with the highest valuation of the good generate the same amount of revenue is called

In theory, any object ________ could play the role of fiat money

A) in unlimited supply B) for which demand is limited C) in limited supply D) that has an unlimited demand

According to the circular flow diagram, a manufacturer of arms would provide arms in the market for goods and services and receive _____ in return

a. revenue b. scarce resources c. arms d. technological knowhow