The table above gives the demand schedule for water bottled by Wanda's Healthy Waters. Wanda's marginal cost is a constant $4 a bottle and has no fixed cost. Wanda's makes an economic profit of ________ a day
A) $0
B) $24
C) $36
D) $60
C
Economics
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In the intermediate range of the aggregate supply curve, higher aggregate demand will increase:
a. both the price level and real GDP. b. real GDP without raising the price level. c. the price level without affecting real GDP. d. the price level but reduce real GDP.
Economics
What phrase best describes medical care spending in the United States in 2015?
Economics