The Extra Revenue Produced by the Change in Quantity,on a Per-Unit

question 29

Multiple Choice

The extra revenue produced by the change in quantity,on a per-unit basis,is called:

• A) marginal benefit.
• B) marginal revenue.
• C) inframarginal units.
• D) both marginal benefit and marginal revenue.

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Definitions:

Red Guards

Youth militant groups that formed a significant part of the Chinese Cultural Revolution, known for their fierce loyalty to Chairman Mao.

Cultural Revolution

A sociopolitical movement in China from 1966 to 1976 initiated by Mao Zedong to uphold communist ideology by removing capitalist, traditional, and cultural elements from Chinese society.

Chinese

Refers to anything related to China, its people, culture, or language.

My Lai

The location of a massacre of Vietnamese civilians by U.S. forces in 1968, which significantly impacted public perception of the Vietnam War.