Suppose your marginal utility from consuming the 3rd slice of cake is zero, then your total utility from consuming cake is

Which of the following price ceilings would be binding in this market?

A. $14 B. $12 C. $8 D. $10

Suppose the lack of agricultural land is a key reason for the slow economic growth of Lithasia. This argument claims that:

A) geography is the fundamental cause of slow economic growth in Lithasia. B) stock of physical capital is a fundamental cause of slow economic growth in Lithasia. C) stock of human capital is a proximate cause for slow economic growth in Lithasia. D) geography is a proximate cause of slow economic growth in Lithasia.