The quantity demanded of an input normally rises as its price rises.

Which supports the economist's claim that buyers don't compete against sellers?

A) Diners would rather have more restaurants to choose among. B) Music buyers prefer having access to internet music stores compared to only the local music shop in town. C) Car buyers prefer several dealerships in the region compared to only one. D) Homebuyers prefer a larger selection of homes to a smaller one. E) All of the above.

Most flat tax proposals call for exempting income to a certain minimum level

a. True b. False Indicate whether the statement is true or false