The additional benefit to a consumer from consuming one more unit of a good or service is the marginal benefit

If there are diseconomies of scale within a given range of output, which of following is(are) TRUE?

A) The short-run average cost curve must be upward sloping within that range of output. B) The long-run average cost curve must be upward sloping within that range of output. C) Long-run average cost must equal short-run average cost. D) All of the above.

The Federal Open Market Committee oversees the money supply through the purchase and sale of government securities

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