Consider an industry with two firms producing similar products. Each firm's total cost (in dollars) is given below.Mega Corp: TC = 5,000 + 100QBig Inc: TC = 4,000 + 200QIf each firm produces 10 units, Mega Corp's total cost will be ________, and Big Inc's total cost will be ________.

If cars are normal goods, a fall in income will

a. Increase the demand for cars b. Decrease the demand for cars c. Have no effect on the demand for cars d. None of the above

The x-coordinate of an ordered pair specifies the

a. diagonal location of the point. b. vertical location of the point. c. horizontal location of the point. d. quadrant location in which the point is located.