Multiple Choice
For every gift that A gives to B from the first to the tenth gift,A receives a net benefit of $10.The additional cost to A of giving an additional gift is constant at $5.It follows that A's marginal benefit curve for giving gifts to B is ___________________ (assuming that we place "marginal benefits" on the vertical axis and "number of gifts" on the horizontal axis) .
A) downward-sloping over units 1 -10.
B) upward-sloping over units 1-10.
C) horizontal over units 1-10.
D) vertical over units 1-10.
E) There is not enough information provided to answer the question.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Economists often evaluate a theory in terms
Q22: Identify and describe each step of the
Q23: "The theory's predictions are consistent with what
Q24: A person tends to be _ likely
Q25: It often appears as if there are
Q27: The _ the opportunity cost of bad
Q28: In general,in a given rich country the
Q29: Theory A predicts that the higher the
Q30: Anna gives Billy a gift of $200.We
Q31: If a theory gives a scientist results