Refer to the accompanying table below. The average cost of 5 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$2$122$6$223$12$304$20$365$30$406$42$427$56$43 

Should I buy a new or a used copy of the textbook? According to the economic way of thinking, the person is asking about

A) economic efficiency. B) educational efficiency. C) scholastic efficiency. D) motivational efficiency. E) academic efficiency.

Refer to the information provided in Figure 3.16 below to answer the question(s) that follow. Figure 3.16Refer to Figure 3.16. When the economy moves from Point B to Point A, there has been

A. an increase in supply and a decrease in quantity demanded. B. a decrease in both supply and demand. C. a decrease in supply and a decrease in quantity demanded. D. a decrease in demand and a decrease in quantity supplied.