Homer, Bart, and Lisa are the only consumers in the market. Using the information in the above table, what is the market demand for chocolate chip cookies at $4.00 per pound?

Refer to the scenario above. The time value of the amount deposited is:

A) $300. B) $1,000. C) $1,300. D) $2,300.

A minimum wage set above the equilibrium wage rate is a price ________ that ________ the quantity of low-skilled labor demanded

A) ceiling; decreases B) ceiling; increases C) floor; decreases D) floor; increases