Marginal utility theory implies that, starting from consumer equilibrium, a rise in income will __________.
Ans: Increase a consumer's total utility
Economics
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Net investment plus depreciation is equal to
A) gross exports. B) gross depreciation. C) gross investment. D) gross domestic product.
Economics
Before its IPO, Twitter was an example of a private firm. As a private firm, Twitter was
A) not subject to government regulations and taxation. B) run by its founders, Evan Williams, Noah Glass, Jack Dorsey, and Biz Stone. C) not legally allowed to raise funds through venture capital firms. D) run by stockholders and a board of directors.
Economics