In the above figure, which of the graphs demonstrates a curve with a decreasing slope, that is, a slope getting smaller in magnitude as x increases?

The supply-side effects of an income tax cut ________ potential GDP and ________ aggregate supply

A) increases; do not change B) increase; increase C) decrease; increase D) decrease; decrease E) increase; decrease

A very large number of small sellers who sell identical products imply

A) the inability of one seller to influence price. B) a multitude of vastly different selling prices. C) a downward sloping demand curve for each seller's product. D) chaos in the market.