Americans choose cola over other flavors 70 percent of the time. Analysts say this is because cola's flavor is more robust and durable. Orange soda, for example, suffers from flavor fatigue faster than cola. Also, because cola contains caffeine, people may be addicted to the stimulant. Which panel in Figure 5-1 best illustrates these facts?

In the above figure, curve A is the ________ curve and curve B is the ________ curve

A) total variable cost; total fixed cost B) total cost; total fixed cost C) total fixed cost; total variable cost D) total cost; total variable cost E) total variable cost; total cost

The M1 money supply is composed of:

A. checkable deposits and currency. B. savings deposits and time deposits. C. money market mutual funds held by businesses. D. money market mutual funds held by individuals.

Refer to Table 3.1 to answer the following questionTable 3.1 Individual Demand and Supply SchedulesQuantity Demanded byPriceAlejandroBenCarlMarket$8.00842________6.001244________4.002046________2.002246________Quantity Supplied byPriceAveryBrandonCassandra $8.006046________$6.004244________$4.002442________$2.00640________In Table 3.1, the equilibrium market price is

A. $2. B. $4. C. $6. D. $8.

The ability of Nike to spread product development costs over a larger number of units of output arises from:

A. economies of scale. B. minimum efficient scale. C. constant returns to scale. D. diseconomies of scale.