The marginal resource cost is the amount by which an additional unit of input decreases the firm's variable costs

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Demand-pull inflation results from continually increasing the quantity of money, which leads to continually

A) decreasing potential GDP. B) increasing potential GDP. C) increasing aggregate supply. D) decreasing aggregate demand. E) increasing aggregate demand.

Economics

Charlie's consumer surplus from the first slice of pizza he buys is greater than the consumer surplus from the second slice because of

A) decreasing marginal benefits. B) increasing marginal benefits. C) decreasing marginal costs. D) increasing marginal cost.

Economics