How much revenue will the government raise each week from the tax?

The study of how people choose among the alternatives available to them is the:

A) definition of economics. B) model of demand. C) theory of opportunity costs. D) method of distinguishing between microeconomics and macroeconomics.

Which of the following would cause a shift to the right of the supply curve for gasoline?

I. A large increase in the price of public transportation. II. A large decrease in the price of automobiles. III. A large reduction in the costs of producing gasoline. A) I only B) II only C) III only D) II and III only