Microeconomics is the branch of economics that concerns
a. the overall health of the economy
b. the behavior of individual households, firms, and governments
c. the overall level of trade between nations
d. local governments only
e. the general level of output
B
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Suppose Acme and Mega produce and sell identical products and face zero marginal and average cost. Below is the market demand curve for their product. 
Suppose Acme and Mega decide to collude and work together as a monopolist with each firm producing half the quantity demanded by the market at the monopoly price. If Mega cheats on the agreement by reducing its price to $1 while Acme continues to comply with the collusive agreement, then Mega's economic profit will be ________.
A. $150 B. $200 C. $75 D. $100
All of the following household expenditures are included in consumption expenditure EXCEPT
A) payment to a dentist for filling a tooth. B) purchase of corporate stock. C) purchase of a new purse. D) purchase of hair styling.
In the figure above, the marginal cost of the fifth computer is
A) 0 television sets per computer. B) 4 television sets per computer. C) 20 television sets per computer. D) 35 television sets per computer.
For many developing countries, natural resources or agricultural commodities make up ________ share of exports
A) close to no B) an unimportant C) an important D) close a to 5 percent E) close to a 10 percent