In the linear breakeven model, the relevant range of output is that range where the linearity assumptions of the model are assumed to hold

The law of supply tells us that other things remaining the same, as the:

a) cost of producing gasoline increases, the price of gasoline rises. b) price of gasoline falls, the quantity of gasoline supplied decreases. c) supply of gasoline increases, the price of gasoline falls. d) cost of producing gasoline falls, the supply of gasoline will increase. e) price of gasoline rises, the quantity of gasoline supplied decreases.

International trade has the potential to ____ the availability of goods and services to ____

a. increase; those nations who export more than they import b. increase; nations that have an absolute advantage in the production of a good or service c. increase; all nations d. decrease; all nations