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In economics, the term O A. optimal O B. marginal O C. allocative O D. equity means "additional" or "extra."

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

In economics, the term

O A. optimal

O B. marginal

O C. allocative

O D. equity means "additional" or "extra."

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QUESTION 12 12. Which of the following statements is/are true? a) A change in supply of a good is the result of a change in its price b) A change in supply may be caused by a change the cost of production of the good O c) A change in quantity supplied is always caused by a change in an exogenous variable d) All of the above O e) Only (a) and (b) are true
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urgent i will 5 upvotes both answers.
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Please solve 9 ,10 and 11