A marginal benefit curve shows
A) the efficient use of resources.
B) the quantity of one good that must be forgone to get more of another good.
C) the quantity of one good that people are willing to forgo to get another unit of another good.
D) there are increasing opportunity costs.
C
Economics
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Which of the following is a macroeconomic question? a. What is a firm's profit-maximizing level of output? b. How will economic growth affect unemployment? c. How will a consumer maximize his utility?
d. How will a monopolist maximize his profit?
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When investors use borrowed funds to pay for investments, it's called:
A. herding. B. hedging. C. leveraging. D. tulip mania.
Economics