Refer to the information provided in Figure 13.2 below to answer the question(s) that follow. 
Figure 13.2 Refer to Figure 13.2. The firm's ________ will be maximized at a price of $5.
A. marginal cost
B. profit
C. total revenue
D. marginal revenue
Answer: C
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If nominal GDP rises we can say that
A) production has risen and prices remain constant. B) prices have risen and production remains constant. C) production has fallen and prices have risen. D) production has risen or prices have risen or both have risen.
All two-dimensional graphs must have an origin, a horizontal axis, and a vertical axis
a. True b. False Indicate whether the statement is true or false
Which of the following is true?
A) A budget surplus will increase the national debt. B) A budget deficit will increase the national debt. C) A budget deficit will reduce the national debt. D) A balanced budget will increase the national debt.
When Sonoma Vineyards reduces the price of its Cabernet Sauvignon from $15 a bottle to $12 a bottle, the result is an increase in
A. the supply of this wine. B. the demand for this wine. C. the quantity of this wine demanded. D. the quantity of this wine supplied.