Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. If three microwave ovens are produced, average variable costs are
A. $50.
B. $66.67.
C. $100.
D. indeterminate from this information.
Answer: B
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Fogel argued that railroads were more cost effective than canals because railroads were faster and were in service all year and that using rail instead of canals would ____
a. lower freight rates on the railroads b. lower government subsidies for railroads c. lower eastern inventories of grain in the d. reduce the wheat being shipped to Europe
Some of our security is managed at the local level. Local governments, for example, provide
a. corporate security guards b. police protection to safeguard our communities c. airport accommodations for the air force in times of emergency d. the National Guard e. city or town mall security forces
The expression "There's no such thing as a free lunch" means
What will be an ideal response?
Figure 21-1
In Figure 21-1, if the existing antipoverty program were replaced by a negative income tax, most economists believe that it would result in a move like which of the following?
A. C to F B. A to B C. D to E D. G to D