This firm's most profitable output is at
A. 40.
B. 50.
C. 60.
D. 70.
C. 60.
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What does intra-industry trade create for the consumer?
a. greater variety of goods and lower costs b. greater variety of goods and higher costs c. lower variety of goods and lower costs d. lower variety of goods and higher costs
Which one of the following would cause an increase in the supply of planes?
A. an improvement in the technology used to produce planes B. an increase in the price of planes C. an increase in taxes applied to plane producers D. a decrease in the demand for planes
The labor force includes all of the following individuals who are 16 years or older EXCEPT
A. the unemployed. B. the employed. C. people who are retired and not actively seeking work. D. people who have never been in the labor force but have just found a job.
Refer to the information provided in Figure 13.3 below to answer the question(s) that follow. 
Figure 13.3Refer to Figure 13.3. This firm's ________ will be maximized at a price of $10.
A. total revenue B. profit C. marginal cost D. marginal revenue