Refer to the information provided in Figure 13.4 below to answer the question(s) that follow. 
Figure 13.4Refer to Figure 13.4. At its production point, the ________ for this firm is $11.
A. marginal revenue
B. profit-maximizing price
C. marginal cost
D. average total cost
Answer: B
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Between the two ordered pairs (3, 6) and (7, 18), the slope is
a. 1/3 b. -1/3. c. 3. d. -3.
For Antonio, the income effect of an interest-rate increase is stronger than the substitution effect. In response to a higher interest rate, will Antonio save more or will he save less?
When foreign countries buy wheat grown in the United States, they are generating a
A. Demand for U.S. dollars and a supply of a foreign currency. B. Demand for U.S. dollars and a demand for a foreign currency. C. Supply of U.S. dollars and a supply of a foreign currency. D. Supply of U.S. dollars and a demand for a foreign currency.
A free market is a market:
A) that has price controls imposed by a ruling authority. B) where almost all exchanges take place involuntarily. C) where determination of equilibrium quantity is free from the forces of demand and supply. D) that operates with little or no government control.