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☆☆☆☆☆Cards in this guide (8)
An increase in the standard of living results from an increase in what
an increase in standard of living comes from increase in income. An increase in national income will increase the standard of living of the people of that nation.
Income
Which of the following results from a large company's ability to take advantage of economies of a scale
The company can offer goods more cheaply than smaller retailers.
What do economists use to measure the personal satisfaction someone gets from consuming goods and services
Utility because it's a term in economics that refers to the total satisfaction received from consuming a good or service.
What is the following situations would the price of a good be most likely to decrease Apex
The development of a new energy source reduces production costs for a company.
What are the following actions is most likely to result in an increase in the money supply (Apex
The friend buys millions of dollars in Treasury bonds
Which of the following accurately describes the effect of a situation of scarcity
Jjj
Which is the market structure of the media industry
Market structure of the media industry: Oligopoly
What if the following describes a situation in which there would be a decreasing marginal utility
Buying a second winter coat.
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