1. Money is considered to be a(n)
A, need and want
B. limited resource
C. opportunity cost
D. none of the above

How can firms use marginal analysis to determine the price of a product? a) profit maximization can occur when the marginal cost exceeds the marginal revenue. b) the total cost of production can determine the individual unit price of a product. c) marginal analysis can be used to determine at what price profit maximization occurs. d) firms can calculate the marginal cost of a product and set the price lower than the cost.

Question 1(multiple choice worth 10 points)} stefan sees a commercial on television that makes him think he needs to buy an e-reader. this is an example of wasting time getting distracted allowing someone to set goals

Identify one way in which the changes during the industrial revolution can be considered a political turning point in world history