If average labor productivity decreases while population and the number of employed workers remain constant, then total output:

Assume the demand schedule for cookies is downward sloping. If the price of cookies falls from $1.50 to $1.25 per dozen,

a. the demand for cookies will fall. b. the demand for cookies will rise. c. a larger quantity of cookies will be demanded. d. a smaller quantity of cookies will be demanded.

The long-run market supply curve would be downward-sloping if the representative firms':

A. Demand curves shift up as the industry expands B. ATC curves shift down as the industry expands C. Supply curves shift left as the industry expands D. Demand curves shift down as the industry expands