Refer to the information provided in Table 23.4 below to answer the question(s) that follow.
Table 23.4
Refer to Table 23.4. Society's MPC is
A. 0.1.
B. 0.2.
C. 0.75.
D. 0.9.
Answer: C
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Suppose that Dave has $200 to spend per week and he buys only magazines and pizza. The price of a pizza is $10 and the price of a magazine is $5. If Dave buys 20 magazines per week, which of the following amount of pizza is not affordable to him?
A) 10 B) 20 C) 9 D) All of the above answers are correct because none of the listed amounts of pizza are affordable.
Collusion among oligopolists would generally be easiest to achieve in which of the following situations? a. very few producers, producing differentiated products
b. very few producers, producing homogeneous products. c. a larger number of producers, producing differentiated products. d. a larger number of producers, producing homogeneous products.
If $30 billion in new investment is added to the economy and MPC is 0.9, national income would increase by
a. $30 billion b. $90 billion c. $100 billion d. $210 billion e. $300 billion
Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. 
Figure 7.10Refer to Figure 7.10. If this firm's cost of capital is $10 per unit and its cost of labor is $5 per unit, the isocost line represents a total cost of
A. $1,000. B. $2,000. C. $3,000. D. $4,000.