Multiple Choice
"I'm tired of eating cold pizza for breakfast. Today I'm going to the make some oatmeal instead." This statement most clearly reflects the
A) law of increasing returns to scale.
B) second law of demand.
C) law of diminishing marginal utility.
D) law of comparative advantage.
Correct Answer:

Verified
Correct Answer:
Verified
Q178: The price elasticity of demand for a
Q179: Suppose the Pleasant Corporation cuts the price
Q180: Economic theory indicates that as a larger
Q181: If Camila's income rises by 20 percent,
Q182: The demand curve for a good is
Q184: If Melanie's marginal benefit as a consumer
Q185: Ashley recently got a 15 percent raise.
Q186: A local restaurant offers an "all you
Q187: A good is classified as inferior if<br>A)
Q188: A local Krispy Kreme doughnut shop reduced