The cartel is on the opposite end of the competitive spectrum from the _______________.

If the population increases, the market demand for most products will

A) not change. B) depend on supply. C) decrease. D) increase.

Given the budget line in the above figure, which of the following combinations of pizza and milk are affordable?

A) 0 pizzas, 12 gallons of milk B) 2 pizzas, 2 gallons of milk C) 4 pizzas, 4 gallons of milk D) All of the above combinations are affordable.