Use the Following to Answer Question

question 18

Multiple Choice

Use the following to answer question:
-(Figure: Good X and Good Y) Use Figure: Good X and Good Y.If we move from point B to point C in the figure,the x-variable has _____ units and the y-variable has _____ units.

• A)decreased by 2;increased by 15
• B)increased by 2;decreased by 15
• C)decreased by 15;increased by 2
• D)increased by 15;decreased by 2

Recognize the historical changes in taxation and government spending policies.

Understand the difference between sales and excise taxes and their economic implications.

Understand the principles underlying social exchange theory and how it applies to sexual behavior.

Recognize the factors that contribute to successful long-term relationships.

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Definitions:

Marginal Costs

The change in total cost that arises from producing one additional unit of a product or service.

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain for the business.

Fixed Costs

Expenses that do not change with the level of goods or services produced within a certain range.

Technology B

This term is too generic to define without more context, as it could refer to any second or alternative technology in a specific domain or comparison.