Purchasers of corporate bonds lend money to a corporation.
Answer the following statement true (T) or false (F)
True
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Refer to Scenario 1-2. Using marginal analysis terminology, what is another economic term for the incremental revenue received from the sale of the last 500 cigars?
A) sales revenue B) gross earnings C) marginal revenue D) gross profit
Individual families exhibit remarkable year-to-year stability in income
Indicate whether the statement is true or false
Suppose the opportunity cost of producing 1 microwave oven in the U.S. is 100 bushels of wheat; in Korea the opportunity cost of producing 1 microwave oven is 150 bushels of wheat. In these circumstances U.S. consumers will be better off if
A. the U.S. possesses a comparative advantage in the production of both of these goods. B. the U.S. imports microwaves and exports wheat in its trade with Korea. C. the U.S. produces both of these goods. If either wheat or microwave ovens are imported from Korea, U.S. workers will lose their jobs. This would result in lower income and consumption in the U.S. D. the U.S. exports microwave and imports wheat in its trade with Korea.
In Figure 32.1, at the market equilibrium price-quantity combination, the total variable cost to producers is 
A. 0HGQD. B. 0HCQ*. C. 0ABQD. D. 0HEQS.