Which of the following is NOT a determinant of the demand for gasoline?
A. The price of diesel
B. Consumers' incomes
C. The supply of gasoline
D. The price of automobiles
Answer: C
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The following graph depicts demand. 
At point D, demand is:
A. unit elastic. B. perfectly price elastic. C. price elastic. D. price inelastic.
An engineer with a major power company decides to leave his job because he believes he has found a way to deliver Internet service across the electrical grid and he wants to start up his own business. He doesn't have very much cash or collateral
Which method of financing do you believe he will most likely use and why?
A set of ideas about the economy that have been organized in a logical framework is called
A) empirical analysis. B) a methodology. C) economic theory. D) data development.
If the revenues from a Pigovian tax are not directed to those who are affected by the externality, the outcome:
A. is efficient and maximizes surplus. B. is not efficient and does not maximize surplus. C. is efficient, but does not maximize surplus. D. is not efficient and maximizes surplus.