The rental market for textbooks is predicted to
A. increase costs to students
B. decrease royalty payments to authors.
C. increase royalty payments to authors.
D. have no impact on royalty payments to authors.
Answer: B
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Refer to the figure below. At a price of $2, the total expenditure on lattes each hour equals: 
A. $60. B. $80. C. $30. D. $40.
In a constant-cost industry, inputs prices do not change with changes in output.
Answer the following statement true (T) or false (F)
Which of the following is NOT normative economic statement?
A) The minimum wage should be eliminated so unemployment can be reduced. B) Increases in the minimum wage cause increases in unemployment. C) The inflation rate should fall to increase individuals' well being. D) Taxes on cigarettes should be increased to reduce smoking.
Describe the relationship shown by the investment demand curve.
What will be an ideal response?