Which of the following is considered a durable good?

A) clothing
B) a washing machine
C) medical care
D) food

B

Economics

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Due to the impact of diminishing marginal returns, all costs are fixed in the long run

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

Economics

In the United States, regulations on mobile sources

a. are imposed only at the state and local levels of government b. are outlined in Title II of the CAAA of 1990 c. are solely market-based d. impose controls on vehicles only, with no regulations on fuels

Economics