________ is the single biggest factor affecting income distribution in the United States

Consumers often purchase products that, afterward, they regret purchasing. This can be explained by

A) consumers trying products to determine if their consumer surplus increases. B) consumers trying products to determine if firm advertising is honest. C) consumers trying to minimize expenditures. D) consumers trying to maximize choice.

The marginal cost of a good is: a. always smaller than the average cost of the good. b. the cost of producing an additional unit of the good. c. the cost of producing all the units of a the good

d. always greater than the price of the good.