Multiple Choice
You want to sell your old iPad that you no longer use,and your cousin wants to give you $300 for it.If you decide to sell your iPad to your cousin,you'll have to pay $40 for shipping the iPad to your cousin.As a rational decision maker,you should:
A) sell it because the marginal benefit is smaller than the marginal cost.
B) not sell it because the marginal benefit is smaller than the marginal cost.
C) sell it because the marginal benefit is greater than the marginal cost.
D) not sell it because the marginal benefit is greater than the marginal cost.
E) sell it because the marginal benefit is equal to the marginal cost.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: The other-things-constant assumption:<br>A)allows the economist to make
Q28: Alan is a retired economist who enjoys
Q30: Which of the following is a positive
Q31: Which of the following is the fundamental
Q33: Economists employ the scientific method.In part,this means
Q36: Which of the following is an example
Q42: Rent is the payment received by resource
Q69: A marginal adjustment only refers to a
Q107: The assumption that individuals act rationally implies
Q158: The scientific method is useful<br>A)only in fields