The demand for land is derived from __________________.
Fill in the blank(s) with the appropriate word(s).
the demand for the final product
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What is the marginal productivity theory of income distribution?
What will be an ideal response?
Public goods
A) are overproduced by unrestrained markets. B) are simply private goods that the government provides. C) cannot be consumed by more than one person without the degradation of the value of the good. D) can be consumed by more than one person without degradation of the value of the good.
Suppose the figure below illustrates the demand curve facing a monopolist. 
If the monopolist decreases its price from $12 to $10, its total revenue will ________.
A. decrease by $600 B. decrease by $1000 C. increase by $600 D. increase by $1000
Describe the gravity model of international trade.
What will be an ideal response?