Refer to the data. The total variable cost of producing 5 units is:
A. $61.
B. $48.
C. $37.
D. $24.
C. $37.
Economics
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A negative externality clearly occurs when
A) a person's action unintentionally benefits other people. B) a person behaves in the public interest. C) a person's action unintentionally imposes costs on other people. D) a person couldn't care less about anybody else.
Economics
Proprietorships, partnerships, and corporations are the primary forms of
A) industries. B) business organization. C) principal-agent relationships. D) command-incentive relationships.
Economics