Suppose a great baseball player autographed only 50 baseball bats in his lifetime. If those bats are available for purchase online, the supply of the bats will be:
a. perfectly elastic

In the diagram above, which figure(s) show(s) an inverse relationship between the variables?

A) both B and C B) only B C) both A and C D) only D E) only C

A country that must reduce current consumption to increase future consumption possibilities

A) must be allocating resources inefficiently. B) must be producing along the production possibilities curve. C) must be producing outside the production possibilities curve. D) must not have private ownership of property.