In the above figure for a monopolistically competitive firm, the profit-maximizing output and price are respectively

The components of aggregate expenditure that change when real GDP changes are known as

A) unplanned expenditure. B) induced expenditure. C) autonomous expenditure. D) changeable expenditure. E) planned expenditure.

While falling prey to the seductive ways of Catwoman, Batman sacrifices the opportunity of protecting Gotham City from a crime spree initiated by the Joker. That foregone opportunity is a(n) ________ cost of (yet again) falling prey to Catwoman

A) monetary B) explicit C) sunk D) implicit