The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. When the marginal social benefit is equal to the marginal social cost of chocolate in Kaffenia
A) either 100 pounds or 250 pounds can be produced each day.
B) no chocolate is produced.
C) 150 pounds will be produced each day.
D) any quantity up to 150 pounds will be efficient.
C
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If the MPC = 0.75, a decrease in government spending from $875 billion to $840 billion will decrease real GDP by
A) $26.25 billion. B) $35 billion. C) $46.67 billion. D) $140 billion.
If A and B are two sets such that set A is a subset of B, and "Pr" represents the probability, then Pr(A and B) will be:
a. Pr[A]. b. Pr[B]. c. Pr[A-B]. d. Pr[A+B].
The reason that some corporations grow so big is:
a. double taxation b. that they are a separate entity from their owners c. that they have limited liability d. none of these
Refer to the information provided in Figure 13.10 below to answer the question(s) that follow. 
Figure 13.10 Refer to Figure 13.10. If Armstrong Cable were free to sell to any number of subscribers it desires and set any price, it would sell to ________ subscribers at a price of ________.
A. 1,000; $16 B. 2,500; $12 C. 800; $15 D. 2,200; $13