Which statement is false?
A) For demand, marginal benefit decreases as you buy more.
B) For demand, marginal benefit is measured in the satisfaction you get.
C) For demand, marginal cost is measured in dollars.
D) For supply, marginal cost is measured in dollars.
E) For supply, marginal cost increases as you supply more.
Correct Answer:
Verified
Q8: Which statement is true?
A) For demand, marginal
Q9: The marginal benefit of a supply choice
Q10: Marginal opportunity cost
A) increases as you supply
Q11: The opportunity cost of hiring your lazy
Q12: To hire an input, a business owner
Q14: As your hourly wage rises, your
A) marginal
Q15: Julia grows roses and tulips in her
Q16: To hire or purchase inputs, a business
Q17: The opportunity cost of any supply decision
Q18: Amber bakes muffins and cookies to sell
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