Market
What will be an ideal response?
A group of buyers and sellers of a particular good or service.
Economics
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The figure above shows the marginal social cost curve of generating electricity and the marginal private cost curve. The marginal cost paid by the producers and everyone else in society when 200 billion kilowatt hours are produced is
A) 0¢ per kilowatt. B) 10¢ per kilowatt. C) 20¢ per kilowatt. D) 15¢ per kilowatt. E) 5¢ per kilowatt.
Economics
Roughly what was the change in Chile's per capita GDP between 1960 and 2011?
A) 2.65% B) 26.5% C) 265% D) 2,650%
Economics