Producing more cabbage is efficient if

a. cabbage production can be increased without reducing production of other goods.
b. the opportunity cost of more cabbage is less than its marginal utility.
c. society values the additional cabbage more highly than the lettuce it must give up to produce the extra cabbage.
d. All of the above are correct.

d

Economics

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If there is an excess demand for money, individuals ________ bonds, causing interest rates to ________

A) sell; rise B) sell; fall C) buy; rise D) buy; fall

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Which of the following is NOT a way to signal high quality

a. wearing a business suit on a job interview b. leaving a big tip for the waiter after a dinner date c. offering a cheap engagement ring to your bride d. Visiting the beauty salon before a big date

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