If a government price control succeeds in affecting price, it can be expected to lead to a corresponding
a. decrease in the quantity of sales only if the price is forced down.
b. decrease in the quantity of sales if the price is forced down and an increase in the volume of sales if the price is forced up.
c. decrease in the quantity of sales whether the price is forced up or down.
d. increase in the quantity of sales whether the price is forced up or down.
C
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All of the following are flow variables EXCEPT
A. capital goods. B. saving. C. consumption. D. investment.
Refer to the table below. Based on the data, you can conclude that the consumer:
The table below shows a consumer's utility schedule.
A. Receives increasing marginal utility from consuming the first three units
B. Experiences diminishing marginal utility after consuming the first unit
C. Experiences diminishing marginal utility only after consuming the fourth unit
D. Will never consume just one unit of the product
Refer to the figure below. 
When Row Resorts and Column Cruises both play their dominant strategy:
A. Row Resorts earns a higher profit than does Column Cruises. B. both firms do better than if they had both played their dominated strategy. C. Column Cruises earns a higher profit than does Row Resorts. D. both firms do worse than if they had both played their dominated strategy.
If the price of a firm's output rises, its
A) marginal product of labor increases. B) value of marginal product decreases. C) demand for labor increases. D) demand for labor decreases.