If Spain decreases subsidies to its olive growers, the price of olives in the U.S. will fall.

The cost of producing the typical unit of output is the firm's

a. average total cost. b. opportunity cost. c. variable cost. d. marginal cost.

Assuming the economy is represented by the graph shown, if the government were to enact a partially successful expansionary fiscal policy, it would be most likely to:

A. move from equilibrium A to B.
B. move from equilibrium B to A.
C. cause unemployment to temporarily increase.
D. cause deflation.