Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as

A price searcher faces the following demand curve: At $9, $8, $7, and $6, the quantity demanded is 10, 20, 30, and 40 units, respectively. If the firm's marginal cost is $50 at any level of output, it would maximize net revenues by

A) producing 10 units and charging $9. B) producing 20 units and charging $8. C) producing 30 units and charging $7. D) producing 40 units and charging $6. E) charging $50 plus markup.

The Great Recession of 2007-2009 altered the prior behavior of consumers in the economy by:

A.  Shifting the consumption schedule up B.  Shifting the consumption schedule down C.  Shifting the saving schedule down D.  Moving the economy down along a stable consumption schedule