At a market equilibrium, the marginal net benefit curve is

a. Horizontal
b. Vertical
c. Increasing
d. Decreasing
e. Maximized

Ans: d. Decreasing

Economics

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Suppose a wave of optimism causes firms to increase investment. To stabilize output and employment, the Federal Reserve will _____

Fill in the blank(s) with correct word

Economics

When the Fed acts as a "lender of last resort," like it did in the financial crisis of 2007-2008, it is performing its role of

A. providing for check clearing and collection. B. being the bankers' bank. C. controlling the money supply. D. setting the reserve requirements.

Economics