The revenue received from the sale of ________ of a product is a marginal benefit to the firm

A) an additional unit
B) the total number of units
C) no units
D) only profitable units

Answer: A

Economics

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A depreciation of the U.S. dollar makes American goods cheaper relative to foreign goods, resulting in a ________ in net exports in the U.S. and a ________ shift of the IS curve in the U.S., everything else held constant

A) fall; leftward B) rise; leftward C) fall; rightward D) rise; rightward

Economics

Products sold by monopolistically competitive firms are perfect substitutes of each other

a. True b. False Indicate whether the statement is true or false

Economics