Refer to the information provided in Figure 15.5 below to answer the question(s) that follow. 
Figure 15.5 Refer to Figure 15.5. Assume The Custom Sweater Shop has fixed costs of $350 and is a monopolistically competitive firm. To maximize profits in the short run, this firm should produce ________ personalized sweaters.
A. 0
B. 50
C. 100
D. 75
Answer: A
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A decrease in the price of crude oil would most likely ________.
A. increase aggregate demand in the U.S. B. decrease aggregate demand in the U.S. C. decrease aggregate supply in the U.S. D. increase aggregate supply in the U.S.
Net investment plus depreciation is equal to
A) gross exports. B) gross depreciation. C) gross investment. D) gross domestic product.
If you look at median income from all sources, women make ________ of what men make.
A. 10% B. 61% C. nearly equal D. 78%
The term consumer sovereignty means that:
A. Government is responsible for protecting consumers' interests B. What is produced is ultimately determined by what consumers buy C. There are no limits on what consumers may buy in a market system D. Producers have strong control over what consumers buy