A decrease in individual income taxes ________ disposable income, which ________ consumption spending
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases
Answer: A
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Refer to Figure 14-8 Use the decision tree to determine whether Microsoft should deter Toshiba from entering the market for electronic book readers (e-readers). Assume that each firm must earn a 20% return on investment to break even
Explain Microsoft's decision process.
When the total external and internal costs of a transaction are taken into consideration, this is known as
A) public costs. B) average total costs. C) social costs. D) marginal costs.
When a monopoly is inevitable, the government often:
A. forces it to break into smaller firms. B. sets a minimum price for the monopolist. C. sets a maximum price for the monopolist. D. None of these; monopoly is never inevitable.
Refer to the information provided in Figure 16.6 below to answer the question(s) that follow. 
Figure 16.6Refer to Figure 16.6. In the top portion of the figure are the demand curves of two people in this society for a public good. Which of the panels represents the market demand curve for the public good?
A. Panel A B. Panel B C. Panel C D. Panel D