Refer to the information provided in Figure 9.6 below to answer the question(s) that follow. 
Figure 9.6Refer to Figure 9.6. Economies of scale exist up to ________ units of output for this firm.
A. q1
B. q2
C. q3
D. q4
Answer: C
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What is the relationship between marginal cost and marginal product?
a. The two are not related. b. When marginal product increases, marginal cost increases. c. When marginal product increases, marginal cost falls. d. When marginal product is negative, marginal costs are negative. e. When diminishing marginal returns set in, marginal costs fall.
If too many high risk policyholders migrate to a comprehensive health insurance plan which covers a wide range of treatments, the price of a policy must increase
Indicate whether the statement is true or false
Write a short note on the regulation of the U.S. securities markets
Most economists seem to agree that cutting taxes
a. on saving has more impact than cutting taxes to increase investment. b. to stimulate investment is more effective than cutting taxes to stimulate work. c. to increase work is more effective than cutting taxes to stimulate investment. d. to increase work incentives is more effective than cutting taxes on saving.