In perfect competition, each individual firm faces ________ demand curve

As Sean's consumption of rice goes up, his

A) average utility from consuming rice increases. B) total utility from consuming rice increases. C) marginal utility from consuming rice increases. D) elasticity of utility from consuming rice increases.

A decrease in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on Treasury securities, everything else held constant

A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; increase