In general, consumers' valuation of additional units of quality ________ as more units of quality are included in the product, causing the marginal revenue curve from quality improvement to be ________ sloping.
A) falls; upward
B) increases; downward
C) falls; downward
D) increases; upward
C) falls; downward
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If the slope of the consumption schedule is 0.75, then the slope of the saving schedule is
A. 0.75. B. 1.25. C. 0.25. D. not possible to determine from the data.
If orders exist in large volume, then the market has
A) depth. B) breadth. C) resiliency. D) None of the above.
The rational expectations theory claims that workers and firms will not make systematic errors when they forecast inflation
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. The vertical distance AB represents
A. average total costs. B. marginal costs. C. average fixed costs. D. total fixed costs.