Which of the following will increase the demand for motorcycles?
A. A fall in the price of motorcycles.
B. A fall in insurance rates for motorcycles.
C. A fall in the price of automobiles.
D. A fall in buyers' incomes (assuming motorcycles are a normal good).
Answer: B
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Refer to the figure below. 
If Row Resorts offers reduced rates, then Column Cruises would receive the highest payoff if it:
A. offered reduced its rates. B. entered into a cartel with Row Resorts and agreed to jointly reduce rates. C. chose either strategy because it will have the same payoff in either case. D. kept its rates high.
If there are four firms in a market and one has a 40 percent market share, one has a 25 percent market share, one has a 20 percent market share, and one has a 15 percent market share, the Herfindahl-Hirschman Index (HHI) in this market is ________.
A) 2,850 B) 5,250 C) 1,270 D) 8,250
Excluding foreign competition, which of the following is an oligopoly in the United States?
a. The computer industry. b. The automobile industry. c. The steel industry. d. All of these are oligopolies.
The main issues that macroeconomic studies are
a. interest rates, jobs, and government policies. b. production, costs, and benefits. c. economic growth, unemployment, and inflation. d. choices made by household and businesses.