________: a market structure that has only one firm selling to buyers
Fill in the blank(s) with correct word
Monopoly
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"Last October, due to an early frost, the price of a pumpkin increased by 10 percent compared to the price in the previous Halloween season. As a result, the quantity demanded county-wide decreased from 2 million to 1.5 million"
Based on this statement, it is certain that the A) demand curve for Halloween costumes shifted leftward. B) price elasticity of demand for pumpkins decreased from its value in previous years. C) demand curve for pumpkins shifted leftward. D) total revenue from the sale of pumpkins decreased.
During the 1980s, the top marginal tax rate on personal income was reduced from 70 percent to less than 40 percent and it has remained below 40 percent since that time. In recent years, the share of the personal income tax collected from the top one-half of one percent of earners has
a. fallen sharply from the level of years prior to 1981. b. increased sharply during the Clinton administration, but declined substantially during the administration of George W. Bush. c. been virtually unchanged from the level of years prior to 1981. d. increased substantially from the level of years prior to 1981.
Refer to the information provided in Figure 7.9 below to answer the question(s) that follow. 
Figure 7.9Refer to Figure 7.9. The slope of isocost AB is
A. greater than the slope of isocost CD. B. less than the slope of isocost CD. C. equal to the slope of isocost CD. D. indeterminate from this information, as the prices of capital and labor are not given.
Equilibrium price is _____ and equilibrium quantity is _____ units.
A. $8; 9
B. $7; 10
C. $6; 10
D. $5; 9