Refer to the information provided in Figure 11.1 below to answer the question(s) that follow. 
Figure 11.1 Refer to Figure 11.1. If the market rate of interest is 5%, this firm's investment will total
A. $5,000.
B. $8,000.
C. $15,000.
D. $27,000.
Answer: C
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Jenny sells lemonade in front of her house in the summer. Several other kids in Jenny's neighborhood also run lemonade stands in the summer. If the lemonade market is perfectly competitive and Jenny is charging the equilibrium price, then Jenny can increase her revenue if she:
A. keeps the price of her lemonade the same and increases the output. B. decreases the price of her lemonade and doesn't change her output. C. increases the price of her lemonade and decreases her output. D. increases the price of her lemonade and doesn't change her output.
What is the opportunity cost of a decision?
What will be an ideal response?
A game in which players as a group lose at the end of the game is referred to as
A. negative-sum game. B. tit-for-tat game. C. positive-sum game. D. zero-sum game.
Inflation that occurs when total spending is greater than the economy's ability to produce output at the existing price level is:
A. Anticipated inflation B. Demand-pull inflation C. Cost-push inflation D. Unanticipated inflation