If Nike and Adidas are faced with the game in the figure shown, we can predict:
A. an outcome that is less than ideal for society, but optimal for the companies.
B. an outcome that is good for society and less than ideal for the companies.
C. that both will follow their dominant strategy and society will lose.
D. None of these is likely to happen.
Answer: B
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The quantity supplied and price tend to vary
a. inversely. b. independently. c. in an unrelated fashion. d. directly.
Which is the largest cash transfer program for the poor?
A. TANF B. Medicare C. SSI D. Medicaid
If an economy's capital stock is greater at the end of the year than at the beginning of the year, over this period,
a. net investment has been positive. b. depreciation has exceeded net investment. c. depreciation has exceeded gross investment. d. net investment has exceeded gross investment.
Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. 
Figure 8.9
Refer to Figure 8.9. At the market price of $18, if this farmer produces the profit-maximizing quantity, what profit will he make?
A. $0 B. $2,000 C. $700 D. indeterminate from this information