(Ref 9-6 Figure: Wireless Mouse Market) Refer to Figure 9-6: Wireless Mouse Market. Calculate the change in producer surplus when the price increases from $10 to $15.

Suppose a fishing boat currently brings 10,000 fish to market and earns a profit of $40,000 when the price of fish is $8 . Suppose the boat dealer had overcharged the boat owner for the boat. Upon receiving a refund of $25,000 from the dealer, what will happen to the ATC of producing 10,000 fish?

a. increases by $25 b. increases by $2.50 c. does not change d. decreases by $2.50 e. decreases by $25

Which of the following is assumed for establishing the unbiasedness of Ordinary Least Square (OLS) estimates?

A. The error term has an expected value of 1 given any value of the explanatory variable. B. The regression equation is linear in the explained and explanatory variables. C. The sample outcomes on the explanatory variable are all the same value. D. The error term has the same variance given any value of the explanatory variable.

Which of the following is not a component of the federal government's fiscal policy?

A. Debt financing B. Key interest rates C. Spending D. Taxation

A ________ is owned by its stockholders

A) sole proprietorship B) corporation C) partnership D) All of the above are correct.