If slope = -2 for a line on a graph with x on the horizontal axis and y on the vertical axis, then if

a. x increases by 4, y increases by 8
b. x increases by 4, y increases by 2
c. y increases by 4, x increases by 8
d. x = 4, y = 8
e. x increases by 4, y decreases by 8


E

Economics

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The current chair of the Federal Reserve System is

a. Tim Geithner. b. Hillary Clinton. c. Ben Bernanke. d. Alan Greenspan. e. Janet Yellen

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The soft drink industry can best be described as:

A) an oligopoly. B) a monopoly. C) perfectly competitive. D) monopolistically competitive.

Economics

Refer to the data provided in Table 9.3 below to answer the following question(s).  Table 9.3qTFCTVCTCMCAVCATC0$100  $0$100  ----  --  1100401404040  140  21006016020  30  80  31009019030  30    63.334100124  224  343156  5100180  280 56  36  56  6100 264   364  84  44    60.677100  372    472  108  53.14  67.43Refer to Table 9.3. If the market price is $20, then this firm will maximize profits by producing ________ units of output.

A. zero B. one C. two D. three

Economics

Opportunity cost is best defined as

A) the sum of the dollar values of all alternatives given up when choices are made. B) the cost of producing the purchased goods. C) the next highest valued alternative when a choice is made. D) the dollar price of the purchased item.

Economics