The above table gives Sue's marginal utility schedules for sub sandwiches and Mountain Dew, the only products Sue consumes. Suppose the price of a sub sandwich is $4 each and the price of a Mountain Dew is $2 each. Sue's income is $12

If Sue is at a consumer equilibrium, she eats ________ sub sandwich(es) and drinks ________ Mountain Dews. A) 0; 6
B) 1; 4
C) 2; 2
D) 3; 0


C

Economics

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Which of the following lists gives factors that increase labor productivity?

A) expansion of human capital, labor force increases, and discovery of new technologies B) expansion of human capital, population growth, and discovery of new technologies C) saving and investment in physical capital, and wage increases D) labor force increases and wage increases E) saving and investment in physical capital, expansion of human capital, and discovery of new technologies

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Supply-side economics focuses on tax cuts to stimulate

A) aggregate demand by reducing saving. B) aggregate supply by increasing production. C) government spending. D) household consumption.

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In the United States, the money for loans to businesses comes mainly from

A. corporate profits. B. the federal government. C. savings held in lending institutions. D. state and local governments.

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Refer to the figure below. Assume the market is originally at point W. Movement to point Y is the result of: 

A. an increase in supply and an increase in demand. B. a decrease in supply and an increase in quantity demanded. C. an increase in supply and an increase in quantity demanded. D. an increase in demand and an increase in quantity supplied.

Economics