The table below shows the weekly supply for hamburgers in a market where there are just three sellers. Price Seller 1 Qs 1 Seller 2 Qs 2 Seller 3 Qs 3 $5 8 5 4 4 6 4 3 3 4 3 2 2 2 2 1 If seller 3 exits the market (goes out of business), then the weekly market quantity of hamburgers supplied at a price of $4 will be

A good is non-rival in consumption if ________

A) one person's use of the good does not preclude consumption by others B) the government can regulate its production C) people cannot be prevented from using it D) the demand for the good increases with an increase in the consumer's income

The decision that households make to save is independent of the decisions businesses make to invest

Indicate whether the statement is true or false