The "invisible hand" refers to the control that government must exercise over a market economy
a. True
b. False
Indicate whether the statement is true or false
False
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Suppose the figure below shows Annie's demand curve for physical therapy. The marginal cost of each visit to the physical therapist is $150. 
If Annie had to pay the entire marginal cost of each visit to the physical therapist, then she would choose to have ______ visits a year.
A. 0 B. 10 C. 25 D. 40
If this is an open economy, quantity of cars demanded domestically will be ________. 
A. 80,000 B. 20,000 C. 60,000 D. 40,000
For which of the following commodities are consumers usually willing to pay a premium to save time?
a. Microwave oven b. A new production facility c. Stocks of a company d. Residential property
A market in which final goods and services are exchanged is a
A. Factor market. B. Public goods market. C. Product market. D. Labor market.