In which of the following cases is the slope of a line positive and less than infinity?
A) As the variable measured on the x-axis decreases, the variable measured on the y-axis decreases.
B) As the variable measured on the x-axis increases, the variable measured on the y-axis decreases.
C) As the variable measured on the y-axis increases, the variable measured on the x-axis does not change.
D) As the variable measured on the y-axis increases, the variable measured on the x-axis decreases.
A
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A firm sells in a competitive market in which price is $10. Its marginal cost is 2 + 0.5Q. Determine the profit-maximizing level of output.
What will be an ideal response?
The natural rate of unemployment:
A. is zero. B. occurs at the economy's potential level of output. C. will cause a steady rise in the price level. D. All of these statements are true.
Suppose there are two firms maintaining a cartel agreement. If one firm suddenly drops its price, the other firm could interpret this as signaling:
A. underpricing. B. limit pricing. C. cartel pricing. D. cooperative pricing.
Referring to Table 4.1, Box E should be filled with 
A. $100. B. $10. C. $0. D. $200.