A consumer is willing to pay $5 for a ball. If the market price of the ball increases from $2 to $3, consumer surplus will _____
a. decrease by $1
b. increase by $2
c. reduce by $5
d. increase by $3
a
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In the United States from 1981 to 2013, deaths from which of the following increased?
A) cancer B) kidney disease C) strokes D) heart attacks
One of the main sources of comparative advantage is natural resources
Indicate whether the statement is true or false
Economic profit provides both human and physical capital decision makers with an incentive to
a. exploit workers. b. reject investments yielding an uncertain return. c. discover and develop beneficial and productive investment opportunities. d. do both b and c.
Refer to the following graph. The price of capital (r) is $20. 
What is the lowest possible cost at which 14,000 units of output can be produced?
A. $8,600 B. $4,200 C. $3,600 D. $2,400 E. none of the above