If a bank grants you a mortgage, the mortgage is
A) an asset to you as well as an asset to the bank.
B) an asset to you, but a liability to the bank.
C) a liability to you, but an asset to the bank.
D) a liability to you as well as a liability to the bank.
C
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Loans are better than grants for higher education.
A. True B. False C. Uncertain
Given the table below, what is the total fixed cost when 400 units of output are produced? 
A. $500 B. $2000 C. $5000 D. $3500 E. none of the above
Number of FigsVCMCAVCFCTCATC0???100??19090????2?????1353??80???4????400?Table 8.4Table 8.4 presents the cost schedule for David's Figs. If David produces two figs, David's marginal costs are:
A. $80. B. $90. C. $100. D. $170.
When price is $6
A. there is a surplus.
B. there is a shortage.
C. there is both a surplus and a shortage.
D. there is neither a surplus nor a shortage.