Refer to the above figure. At a price of three cents, a(n) ________ of bubble gum will exist in the market

The circular flow model shows what households buy and sell in the resource market

Indicate whether the statement is true or false

Refer to the following graph. If the price of bagels falls, the budget constraint in the graph will rotate:

A. out and become flatter. B. in and become steeper. C. in and become flatter. D. out and have the same slope.