A farm is able to produce 9,000 pints of strawberries per season on 10 acres. It adds one more acre and is able to produce 12,000 pints per season. The marginal product of land for this farm is:
a. 900 pints per acre per year.
b. 1,000 pints per acre per year.
c. 3,000 pints per acre per year.
d. 12,000 pints per acre per year.
c
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Quick Buck and Pushy Sales produce and sell identical products and face zero marginal and average cost. Below is the market demand curve for their product. 
Suppose Quick Buck and Pushy Sales decide to collude and work together as a monopolist with each firm producing half the quantity demanded by the market at the monopoly price. If Quick Buck cheats by reducing its price to $1 while Pushy Sales continues to comply with the collusive agreement, then Quick Buck's economic profit will be ________.
A. $3,000 B. $6,000 C. $4,000 D. $2,000
A government budget surplus occurs during a budget year when
A) tax revenues = government spending. B) tax revenues + government spending = personal income. C) tax revenues > government spending. D) tax revenues < government spending.
Unemployment compensation programs tend to increase the unemployment rate because: a. they increase the opportunity cost of leisure
b. they provide benefits only to unemployed people under the age of 18. c. they legally fix the minimum wage that has to be paid to labor. d. they allow unemployed persons to become more selective in what job offer they accept. e. they do not provide benefits to labor engaged in the manufacturing sectors of the economy.
Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. 
Figure 7.10Refer to Figure 7.10. At Point C, the absolute value of the slope of q2 = 200 is
A. less than 2. B. exactly equal to 2. C. greater than 2. D. indeterminate from this information.