Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. 
Figure 8.9
Refer to Figure 8.9. If this farmer is producing the profit-maximizing level of output, her total revenue is
A. $0.
B. $8,400.
C. $12,000.
D. $16,800.
Answer: C
Economics
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A. P2 and Y2. B. P1 and Y2. C. P4 and Y2. D. P1 and Y1.
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In the figure above, how much is the consumer who buys the 5,000th pizza willing to pay for that pizza?
A) $15 B) $10 C) $12 D) $22.50 E) $5
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If the value of your debt is decreasing over time, we know that:
A. the real interest rate is negative. B. the real interest rate is positive. C. the real interest rate is zero. D. inflation is zero.
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Which of the following explains economics as it should be?
a. microeconomics b. ideal economics c. delusional economics d. normative economics
Economics