How does economics define the concept of ‘diminishing marginal utility’?

Consider the following graph of the willingness to pay for five people in the used book market.  consumer surplus 1.png What is the total consumer surplus in this market when the price for a book drops from $30 to $20?

Section 2: Units 1 – 9 (Chapters 1 – 14)This section covers material from the first two-thirds of the course.

During his nine months in prison, Adolf Hitler wrote ______________, which literally means “_____________.”

In March of 1917, German U-boats …

On what cities did the US drop atomic bombs in 1945?

As with Germany, war and the politics of the Cold War left the nation of ________ divided between communist and “Western” halves.

Inflation in the global economy in the 1970s was caused by the skyrocketing price of

If one has extreme loyalty to their country, believes it is superior to all other countries, and promotes their own culture/interests as being THE culture/interests of their country, they are probably a:

The U.S. declared war on Italy and Germany in what year?