During Prohibition overdose and accidental poisoning due to alcohol _____ and the variation in the quality of alcohol _______
a. fell; fell
b. fell; increased
c. increased; fell
d. increased; increased
d. increased; increased
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Refer to Table 3-3. The table above shows the demand schedules for Kona coffee of two individuals (Luke and Ravi) and the rest of the market. If the price of Kona coffee rises from $4 to $5, the market quantity demanded would
A) decrease by 115 lbs. B) increase by 35 lbs. C) decrease by 35 lbs. D) increase by 115 lbs.
Each firm has a downward-sloping demand curve for loanable funds because its
a. marginal resource cost curve slopes downward b. marginal revenue product curve slopes upward c. marginal rate of return on investment curve slopes downward d. marginal resource cost slopes upward e. marginal rate of return on investment curve slopes upward