Victor currently produces nuts and bolts at point a in the figure. Victor's marginal cost of producing an additional nut is ________
A) 1 bolt per nut
B) 1/2 bolt per nut
C) 8/6 bolts per nut
D) 8 bolts per nut
A
Economics
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What do consumers sometimes do that makes expansionary fiscal policy less effective?
A. Spend all of the money they get from a tax cut B. Save all the money they get from a tax cut C. Increase investment spending in response to rising interest rates D. Reduce investment spending in response to rising interest rates
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If net capital flow were zero for a country, then exports would not equal imports
Indicate whether the statement is true or false
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