Jose rents office space for $20,000 per year. he uses the office to fill out tax returns for 1< 000 clients per year. if the office rent increases to $25,000 per year, the marginal cost of filling out tax returns will:

a. not change

b. increase by $5000

c. increase, but we cannot determine the amount of the increase with the information given.

d. increase by $5

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness