Which of the following goods is rival in consumption and excludable?
a. a DVD
b. a movie in an empty theater
c. an outdoor movie shown at a public park
d. a movie shown on cable television.
a
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As of 2011, government debt as a percentage of GDP was ________ in the United States, compared to 29 other major economies
A) higher than average B) extremely low C) highest D) lower than average
While the slope of the perfectly inelastic supply curve ________, the slope of the perfectly elastic supply curve ________
A) is zero, approaches infinity B) approaches infinity, is zero C) is zero, is zero D) approaches infinity, approaches infinity
A monopolist will not earn any economic profits when
A. ATC lies below the demand curve. B. ATC lies above the demand curve. C. AFC is very high. D. AVC is a minimum.
Refer to the information provided in Figure 15.1 below to answer the question(s) that follow. Below are cost curves for Dom's Barber Shop, a monopolistically competitive firm. 
Figure 15.1 Refer to Figure 15.1. If Dom's maximizes profits, its ________ equals $320.
A. variable cost B. profit C. total revenue D. total cost