Vodafone Business Services Digilogue - Your guide to digitally transforming your business. B should approve producing 4,000 more laptops because the marginal benefit of this action exceeds the marginal cost. C A 5 percent increase in income leads to a 3 percent increase in the consumption of orange juice.
A "what" B "how" C "where" D "for whom" Answer: C not make the post hoc fallacy. B scarcity. B entrepreneurship; wages. B Comparing inflation rates across countries. A The reasons why Kathy buys less orange juice.
A land B human capital C money D entrepreneurship Answer: C hiring decisions made by a business. D How many workers should the owner of a business hire? A capital B labor C money D entrepreneurship Answer: D land used for agricultural and urban purposes.
D metroanalysis. Reflective Thinking 55 Macroeconomics is the branch of economics that studies A prices of individual goods. Reflective Thinking 6 Economics is best defined as the study of how people, businesses, governments, and societies A choose abundance over scarcity. C business cycles.
D wants a higher score.
D marginal benefit. B factors that affect aggregate unemployment. D some people can get all they want and some cannot.
A a what B a how C a for whom D an incentive Answer: D have limited wants that need to be satisfied. As a result, your grade rises to 90 percent. A More goods are produced than services. D microeconomics studies the effects of government taxes on the national unemployment rate.