Refer to the information provided in Figure 15.2 below to answer the question(s) that follow. 
Figure 15.2 Refer to Figure 15.2. If We Do Hair maximizes profits as a monopolistically competitive firm, its ________ is $960.
A. total revenue
B. profit
C. total cost
D. loss
Answer: C
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Which of the following pairs are not considered to be complementary goods?
A. fertilizer and irrigation systems B. cereal and milk C. digital cameras and memory cards D. coffee and tea
Macroeconomics focuses on:
A.) Government failure. B.) The behavior of individuals, firms, and government agencies. C.) Land, labor, and capital. D.) The economy as a whole.
When the price level falls, the total quantities of goods and services demanded:
A. decrease. B. stay the same. C. increase. D. increases and then decreases.
Suppose you find that by studying one extra hour for your exam, you can increase your score by 4 points. How many hours of studying do you need it you want to increase your score from 60 to 80 points (assuming that the relationship is linear)?
A. 5 hours B. 6 hours C. 20 hours D. 80 hours