Isabella wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $1.50 per gallon, the car wash costs $1, but if she buys 10 gallons of gasoline, the car wash is free. For Isabella, the marginal cost of the tenth gallon of gasoline is
a. zero.
b. 50 cents.
c. $1.
d. $1.50.
B
Economics
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Which of the following is a thrift institution?
i. a credit union ii. the Fed iii. a savings bank A) i only B) ii only C) iii only D) Both i and iii E) i, ii, and iii
Economics
If the quantity of donuts supplied is represented by the supply equation QS = -15 + 5P, then to solve for the price of donuts, the equation would be rewritten as
A) P = 5QS + 75. B) P = 15 - 0.5QS. C) P = QS - 7.5. D) P = 0.2QS + 3.
Economics