Complementary goods are goods that "go together", like peanut butter and jelly. If the price of peanut butter were to decrease, we would predict that
What will be an ideal response?
the demand for jelly would increase.
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You won a free ticket to see the latest Star Trek movie this Friday night (which you can costlessly resell for its face value of $15). Your favorite band is also performing on Friday and is your only alternative activity. Friday is your last chance to see either the movie or the band. Tickets to see your favorite band cost $30, and on any given day, you would be willing to pay as much as $50 for a ticket. Based on this information, what is your opportunity cost of going to see the Star Trek movie on Friday?
A. $30 B. $35 C. $50 D. $0
In the Keynesian DMP model, if the wage is high then
A) the vacancy rate is low. B) the unemployment rate is low. C) labor market tightness is high. D) the labor force must be low.
There is an increase in demand for personal computers at the same time their input costs fall. We would expect that: a. price will fall, but the effect on quantity sold is uncertain
b. the quantity sold will decline, but the effect on price is uncertain. c. the quantity sold will increase, but the effect on price is uncertain. d. price will rise, but the effect on quantity sold is uncertain.
Columns 1 and 2 make up a portion of a monopolist's production function for a single variable input, labor. Columns 2 and 3 represent the demand function facing the monopolist over this range of output: 
How much does the fifth unit of labor add to the firm's total revenue?
A. $150 B. $4,560 C. $80 D. $1.875 E. none of the above