In Figure 3.2, what is the money the consumer pays the producer? 

Refer to Figure 2-8. What is the opportunity cost of 100 dozen roses?

A) 0.8 dozen orchids B) 5 dozen orchids C) 40 dozen orchids D) 80 dozen orchids

When a corporation announces a major decline in earnings, the stock price may initially decline significantly and then rise back to normal levels over the next few weeks. This impact is called

A) the January effect. B) mean reversion. C) market overreaction. D) the small-firm effect.