Suppliers with a high supply elasticity will bear a ________ tax incidence, while suppliers with a low supply elasticity will bear a ________ tax incidence

The figure illustrates the market for hot dogs on Big Foot Island. The producer surplus is ________

A) $240 an hour B) $180 an hour C) $1.20 a hot dog D) $60 an hour

Suppose a drop in prices in the stock market makes people feel less financially secure. This would cause __________ the economy's AD curve

A) movement down along B) movement up along C) a rightward shift of D) a leftward shift of