When consumers decide that they do not want virtual pets anymore, and this drives all the virtual pet producers out of business, this is a reflection of

Refer to the table above. If consumption expenditure increases to $200,000 in the next year, ________, all other variables remaining unchanged

A) gross domestic product will fall to $367,000 B) gross domestic product will increase to $367,000 C) gross domestic product will increase to $400,000 D) gross domestic product will fall to $400,000

Jane is willing to pay $4 for the first cup of coffee a day, $2.50 for the second cup, and $1 for the third cup, after which she won't buy any coffee. The price of a cup of coffee is $2.40

Jane's consumer surplus from the coffee she buys is ________ per day. A) $1.60 B) $1.70 C) $4.80 D) $6.50