The domestic demand and supply for sugar are Qd = 60,000 ? 400P and QSD = 20,000 + 500P. The foreign supply is QSF = 20,000 + 100P. How many units of sugar will domestic producers supply after the quota is imposed?

What is the change in output from adding one more worker called?

(A) Negative marginal returns (B) Diminishing marginal returns (C) Increasing marginal returns (D) Marginal product of labor

If the functional finance approach to federal budgeting is followed, the federal government's budget deficit should be zero

a. True b. False Indicate whether the statement is true or false