The addition to a business firm's total costs, that comes from producing one more unit of output, is its:
a. total variable cost.
b. marginal cost.
c. sunk cost.
d. opportunity cost.
e. total fixed cost
b
Economics
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"A Nash equilibrium occurs when both parties to a game end up worse off as a result of the decisions that are made." Is the previous definition of a Nash equilibrium correct or incorrect?
What will be an ideal response?
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Most employees ________ on the value of health insurance provided by employers, and most people ________ when buying individual health insurance policies
A) pay taxes; do not get a tax break B) pay taxes; get a tax break C) do not pay taxes ; do not get a tax break D) do not pay taxes; get a tax break
Economics