Question
What is a common economic principle that makes (a) the demand curve identical to the marginal-benefit curve, and (b) the supply curve identical to the
What is acommon economic principlethat makes(a) the demand curve identical to the marginal-benefit curve, and (b) the supply curve identical to the marginal-cost curve?
a.consumer surplus equals producer surplus
b.price change shifts the curves
c.behavior is rational
d.government sets demand equal to supply
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
