The revenue received from the sale of an additional unit of a product
A) is called a net gain. B) is a marginal benefit to the firm.
C) is called profit. D) is called gross sales.
B
Economics
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What is the difference between federal purchases and federal expenditures?
What will be an ideal response?
Economics
Suppose the economy is producing at the natural rate of output and the government passes legislation that severely restricts a company's ability to reduce production costs via outsourcing
Everything else held constant, this policy action will cause ________ in the unemployment rate in the short run and ________ in inflation in the short run. A) an increase; an increase B) a decrease; a decrease C) a decrease; an increase D) no change; no change
Economics