Suppose Alice is deciding whether or not to go to a New York Giants game. Alice's enjoyment and thus decision, depends upon two uncertain events that are out of her control: whether the Giants win and whether it snows. She will be happiest if the Giants win and it does not snow. The newspaper reports a 35% chance for snow and the Giants record suggests a 40% chance of winning. The probability that the Giants lose and it snows is:
A. 21%.
B. 26%.
C. 95%.
D. 25%.
A. 21%.
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For a country to acquire more physical capital it:
A. must forgo current consumption. B. faces the investment trade-off. C. must pay for the investment by reducing current consumption. D. All of these are true.
Sale prices mean that a good's price is
A. equal to the equilibrium price. B. otherwise set above the market price. C. temporarily reduced. D. a meaningless variable.
Refer to the information provided in Figure 7.4 below to answer the question(s) that follow. 
Figure 7.4Refer to Figure 7.4. The average product with five workers is
A. 1. B. 2.5. C. 5. D. 11.
Refer to the information provided in Figure 8.6 below to answer the question(s) that follow. 
Figure 8.6 Refer to Figure 8.6. Average total cost is represented by
A. curve 1. B. curve 2. C. curve 3. D. line segment AB.