A firm that makes profit in addition to normal profit is making ?
An upward shift in marginal cost _____ output and an upward shift in marginal revenue ______ output?
Marginal revenue is the ________ when output is __________?
Firms are assumed to ________ costs and to ________ profits?
The extra utility from consuming one more unit of a good is called ?
The opportunity cost of a student is____________?
If your income doubles and the prices of the goods you buy double then your demand for these goods will likely?
A measurement showing how quantity demanded varies with income is the ?
The price elasticity of demand measures ?
Increased level consumption ?
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