A coffee shop owner has surveyed all her customers about the frozen mocha drinks they will buy. What kind of table might she use the show the information?

a. individual demand schedule
b. market demand schedule
c. individual demand curve
d. market demand curve

Ans: a. individual demand schedule

Economics

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A monopsony pays a wage rate ________ the marginal cost of labor and ________ the value of marginal product of labor

A) equal to; equal to B) lower than; lower than C) equal to; lower than D) lower than; equal to

Economics

Beginning from a position of long-run equilibrium at the full-employment level of real GDP, the economy's short-run response to a decrease in the aggregate demand curve would be a: a. movement upward along the short-run aggregate supply curve

b. movement upward along the long-run aggregate supply curve. c. downward shift in the short-run aggregate supply curve. d. movement downward along the short-run aggregate supply curve.

Economics