In the table above, Y is measured along the y-axis and X along the x-axis. The slope between points c and d is
A) 100.
B) 0.
C) 0.25.
D) -4.
B
Economics
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Refer to Figure 10.1. If two lights are installed, the person who was not responsible for the light being installed receives a payoff of
A) 4. B) 6. C) 8. D) 12.
Economics
If a firm that uses a production process that yields economies of scale charges a price equal to ________, then profit will be ________
A) marginal cost; negative B) marginal revenue; maximized C) marginal cost; maximized D) marginal revenue; positive E) marginal cost; positive
Economics