Marginal benefits are downward sloping when
A. there are no total benefits.
B. the slope of the marginal benefits curve is negative.
C. total benefits are increasing at a decreasing rate.
D. marginal costs are upward sloping.
B. the slope of the marginal benefits curve is negative.
Economics
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Describe the provisions of the Sherman Act
What will be an ideal response?
Economics
All of the following are automatic fiscal stabilizers EXCEPT
A) a congressionally mandated decrease in tax rates to stimulate the economy. B) a decrease in unemployment compensation payments during an expansion. C) a decrease in overall tax revenues during a recession. D) an increase in unemployment expenditures during a recession.
Economics