A market demand curve reflects the
A) marginal private benefits of consuming a product.
B) external benefits of consuming a product.
C) marginal social benefits of consuming a product.
D) sum of private and social benefits of consuming a product.
Answer: A
Economics
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When inflation occurs, net exports will
A. increase as imports decrease. B. increase as exports increase. C. decrease as imports decrease. D. decrease as imports increase.
Economics
The causal view of an industry is that:
A. market performance causes firms to have a certain structure. B. behavior causes firms to have a certain structure. C. market performance causes firms to behave in a certain way. D. market structure causes firms to behave in a certain way.
Economics