Refer to the information provided in Figure 9.7 below to answer the question(s) that follow. 
Figure 9.7 Refer to Figure 9.7. Industry demand is initially D1 and industry supply is initially S1 in this increasing cost industry. If demand increases to D2, then in the long run the industry will
A. stay at Point B.
B. move to Point F.
C. move to Point C.
D. move to Point E.
Answer: D
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There is some debate about whether secondary benefits should be considered when assessing public policy proposals. Identify two reasons why secondary benefits might be excluded from a benefit-cost analysis of proposed environmental policy.
What will be an ideal response?
The supply of loanable funds is equal to the supply of saving in the economy. The three sources of saving in an economy include all of the following except
A) households. B) businesses. C) the government. D) the foreign sector.
Which of the following sellers is most able to perfectly price discriminate?
A) a college or university B) the post office C) a clothing store D) a grocery supermarket
Studies have shown that union workers earn about
a. 10 to 20 percent more than nonunion workers in similar jobs. b. 10 to 20 percent less than nonunion workers in similar jobs. c. 40 to 50 percent more than nonunion workers in similar jobs. d. 40 to 50 percent less than nonunion workers in similar jobs.