Marginal utility theory assumes that when Sally consume less of a good that she was previously consuming more than one unit of, her ________
A) total utility increases
B) marginal utility increases
C) income increases
D) total utility is maximized
B
Economics
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Of the following high-income countries, which has the lowest number of MRI units per 1 million population?
A) Canada B) Japan C) the United Kingdom D) the United States
Economics
Refer to the information provided in Table 30.1 below to answer the question(s) that follow.
Table 30.1
Refer to Table 30.1. What is the real wage rate in 2014 using 2016 as the base year?
A. $6.00 B. $6.84 C. $11.40 D. $13.30
Economics