As more Big Macs are consumed each day, the marginal utility that a person gets from each additional Big Mac:
a. rises at a steady rate.
b. decreases.
c. remains constant.
d. accelerates.
b
Economics
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In the national income accounts, investment includes: a. expenditures on durable consumer goods. b. government construction of a new dam
c. additions to business inventories. d. purchases of used machinery by businesses.
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In terms of efficiency, any point on a production possibilities frontier is as good another
a. True b. False Indicate whether the statement is true or false
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