Suppose a taco costs $4 and a burrito costs $2. Moreover, this Mexican restaurant has a special deal. After you've bought 6 burritos, you can buy each extra burrito for $1.50. Assume that tacos are on the vertical axis and burritos on the horizontal axis. What is the marginal rate of transformation (MRT) when 8 burritos are purchased?

Refer to the scenario above. If the individual places his bet on ten pockets, his likelihood of winning is:

A) 5%. B) 10%. C) 20%. D) 25%.

Assuming that the demand for a good has decreased and the supply of a good has increased by the same amount, then:

a. The change in price is determinate but the change in quantity is indeterminate. b. The change in quantity is determinate but the change in price is indeterminate. c. Neither the change in price nor the change in quantity will be indeterminate. d. Both the change in price and the change in quantity will be indeterminate.