Refer to the table above. If the opportunity cost of time increases to $60 per hour, renting which apartment will minimize Ryan's total cost every month?

Marginal product and average product are measured in

A) dollars. B) profit terms. C) units of production. D) the same units as marginal cost and average total cost.

In some cases, social regulation may alter individuals' behavior. For example, there is evidence to indicate that as more automobile safety regulations have been introduced, more individuals have begun to drive recklessly. This phenomenon is known as

A) the feedback effect. B) the share-the-gains effect. C) the share-the-pains effect. D) the capture effect.