The ________ of something is the gain or pleasure that it brings
A) rational margin
B) marginal cost
C) benefit
D) opportunity cost
E) rational choice
C
Economics
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Suppose that when the price of oranges decreases, Sarita decreases her purchases of peaches. To Sarita,
A) oranges and peaches are normal goods. B) oranges and peaches are substitutes. C) oranges and peaches are complements. D) oranges and peaches are inferior goods.
Economics
In the cable TV service industry, end users are
A) advertisers only. B) cable TV subscribers only. C) both advertisers and cable TV subscribers. D) no one.
Economics