Increases in both labor and capital productivity will result in:
A) downward shift of the average and marginal product curves and upward shift of the average cost curves.
B) downward shift of the average and marginal product curves and downward shift of the average cost curves.
C) upward shift of the average and marginal product curves and downward shift of the average cost curves.
D) upward shift of the average and marginal product curves and upward shift of the average cost curves.
C
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Goods, such as L.A. Lakers tickets and parking spaces around the stadium, are sometimes consumed together. Which of the following would decrease the demand for parking spaces around the stadium?
A) An increase in the price of Lakers tickets B) A higher parking fee C) A decrease in the price of Lakers tickets D) A substantial increase in the price of local cab services
What are the fundamentals of Coasian reasoning?
Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
Because marginal revenue product reflects productivity, decreases in productivity directly shift
A. input demand curves to the left. B. input supply curves to the right. C. input supply curves to the left. D. input demand curves to the right.