If marginal utility is negative
A) total utility increases at a decreasing rate.
B) the consumer will not consider extra units of the good even if its price is zero.
C) the consumer will want to consume the unit only if it is free.
D) the consumer likes the commodity, but not as much as he or she once did.
Answer: B
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Define the official settlements balance. Is there any difference between the United States and other countries in terms of what this balance measures? How does this affect the ability of the countries to run current account deficits?
What will be an ideal response?
Which of the following is TRUE?
a. Maximizing division profits can sometimes lead to reducing company-wide profits b. Managers of profit centers are not given any discretion in their decision making c. Profit centers usually require the highest degree of attention of corporate executives d. A manager being rewarded on division revenues has no incentive to make good decisions for his division