Other things being equal, a fall in the price of orange juice will decrease the quantity supplied

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

True

Economics

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Real GDP measures the value of goods and services produced in a given year using

A) base year prices. B) prices of that same year. C) future prices. D) no prices. E) government approved prices.

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When total utility is at a maximum, marginal utility is:

a. zero. b. positive. c. negative. d. one. e. infinite.

Economics