1.
A firm that makes profit in addition to normal profit is making ?

2.
An upward shift in marginal cost _____ output and an upward shift in marginal revenue ______ output?

3.
Marginal revenue is the ________ when output is __________?

4.
Firms are assumed to ________ costs and to ________ profits?

5.
The extra utility from consuming one more unit of a good is called ?

6.
The opportunity cost of a student is____________?

7.
If your income doubles and the prices of the goods you buy double then your demand for these goods will likely?

8.
A measurement showing how quantity demanded varies with income is the ?

9.
The price elasticity of demand measures ?

10.
Increased level consumption ?

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