Referring to Table 4.2, Box C should be filled with 
A. $2.
B. $0.
C. $1.
D. $5.
Answer: D
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Along a single indifference curve,
A. the slope remains constant. B. the slope increases as the quantity of a good increases. C. the slope is negative. D. the slope is always between 0 and 1.
A perfectly inelastic demand means:
A. consumers will change the quantity they purchase when price changes. B. demand will drop to zero if the price increases by any amount. C. consumers will not change the quantity they purchase when price changes. D. the demand curve is perfectly horizontal.
A full-time student who did not have a job and was not looking for work would be categorized as
What will be an ideal response?
Firms react to negative inventory investment by increasing output.
Answer the following statement true (T) or false (F)