If M is $400, P is $4, and Q is 300, then V must be:
A. 1.33.
B. 3.
C. 5.33.
D. 100.
B. 3.
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Charter schools generally receive more funding than traditional public schools
a. True b. False
In the supply-demand models to analyze the wheat market, we assume that wheat sold by different sellers is largely the same. We make this assumption
A) to test the model. B) to easily predict the market price. C) to simplify the model while keeping important details. D) to avoid the complexities in the real world.
If aggregate quantity supplied exceeds aggregate quantity demanded, we can expect an unplanned
a. depletion of inventories, causing firms to raise prices. b. depletion of inventories, causing firms to lower prices. c. accumulation of inventories, causing firms to raise prices. d. accumulation of inventories, causing firms to lower prices.
Refer to the figure below. In the matrix above: 
A. neither Cory nor Jess has a dominant strategy. B. Cory has a dominant strategy, but Jess does not. C. both Cory and Jess have the same dominant strategy. D. Jess has a dominant strategy, but Cory does not.