The figure illustrates the demand for eggs. At what price will egg sellers maximize their total revenue?

If a mutual fund outperforms the market in one period, evidence suggests that this fund is

A) highly likely to consistently outperform the market in subsequent periods due to its superior investment strategy. B) likely to under-perform the market in subsequent periods to average its overall returns. C) not likely to consistently outperform the market in subsequent periods. D) not likely to outperform the market in any subsequent period.

Which of the following transfer programs in the U.S. is funded by a national tax but administered by state governments?

a. Social security b. Veterans' Administration Benefit program c. Unemployment insurance d. Food stamps e. National Guard activities