In the figure above, the marginal cost of the fifth computer is

A) 0 television sets per computer.
B) 4 television sets per computer.
C) 20 television sets per computer.
D) 35 television sets per computer.

C

Economics

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Among 33 major economies, government spending (relative to GDP) in the United States is ________

A) relatively low B) remarkably high C) about average D) lowest of all

Economics

When measuring GDP, economists count only the values of final goods and services because

a. the final value is taxable b. adding the values of intermediate products is too difficult a task c. the value of all intermediate products is automatically included in the value of those final goods d. intermediate products are overpriced e. the final cost is the selling price, which is what economists want to know

Economics